Cape Town renewable energy company Solar Capital won a R13 billion South African energy deal to supply the South African energy grid with electricity generated from a 75 megawatt photovoltaic solar farm being developed in the Northern Cape.
Posted on : Tuesday , 6th January 2015
The completion of South Africa’s latest utility PV power plant has coincided with new figures showing an “exponential” rise in the contribution solar is now making to the country’s grid.
As Spain’s Acciona Energía announced its 94.3MWp Shishen project had begun operation, the South African Photovoltaic Industry Association (SAPVIA) this week published data revealing how solar power production has mushroomed from less than 100MWh per hour .... Read more »
Posted on : Tuesday , 6th January 2015
National electricity distributor, Kenya Power, has contracted a USD190 million (Shs.17 billion) long-term loan from the Standard Chartered Bank (SCB) to implement infrastructural development projects.
Kenya Power’s Managing Director and CEO, Dr. Ben Chumo, said SCB emerged successful in an exercise carried out by the Company towards the end of last year through an Expression of Interest involving local and international financial institutions for debt tenors of .... Read more »
Posted on : Tuesday , 6th January 2015
Kenya Power has entered into an agreement to sell 30MW of power to Rwanda. Kenya Power, Uganda Electricity Transmission Company Ltd (UETCL) and Rwanda Energy Group Limited (REG) have completed negotiations to facilitate the trade.
The sale, expected to commence by July 2015, will be effected through the three entities’ already interconnected transmission grid, following the signing of a wheeling agreement between Kenya Power, UETCL, and REG on the.... Read more »
Posted on : Tuesday , 6th January 2015
South Africa for bidders to submit proposals to build coal-fired power plants as part of a string of initiatives launched this week aimed at ending chronic electricity shortages.
Bidders will need to pay a nonrefundable R200 000 rand ($17 000) fee when they submit proposals to build, operate and maintain the new coal plants, according to a tender notice posted in national newspapers.
Posted on : Tuesday , 6th January 2015
Independent power producer (IPP) Sonnedix, which reached financial close in December on a 86 MW solar photovoltaic (PV) project near the Northern Cape town of Prieska, expects to begin site mobilisation during the second quarter of 2015 and for the plant to enter commercial operations by the third quarter of 2016.
The project was among a group of 15 solar and wind projects to reach financial close under the third bid window of South Africa’s Renewable Energy Independen.... Read more »
Posted on : Tuesday , 6th January 2015
Ethiopia’s Gilgel Gibe dam project should be up and running by June this year, this is according to Azeb Asnake, CEO Ethiopian Electric Power Corporation.
Posted on : Tuesday , 6th January 2015
Internet Service Provider Callkey Networks has said it will be giving special focus to players in the oil and gas industry by providing specially customized products that suits the various needs identified in the region.
Posted on : Tuesday , 6th January 2015
Eni has started production from Nené Marine field, offshore Congo, just eight months after obtaining the production permit and 16 months following the exploration discovery. The field is located in Marine XII Block, approximately 17 km from the coast.
Posted on : Tuesday , 6th January 2015
Eco (Atlantic) Oil & Gas Ltd. (TSX-V:EOG) (NSX:EOG) is decreasing its near- to mid-term financial obligations by farming out part of its offshore Namibian licenses for carry and cash, and has revised and reduced its next-year work program in Namibia.
Posted on : Tuesday , 6th January 2015
Africa should raise the profile of the manufacturing sector by investing in local value addition of its mineral industry to hedge against the falling prices of copper on the world market.
Posted on : Tuesday , 6th January 2015
The total investment in 2014 has hit a staggering amount of more than D4M, according to its officials.
Posted on : Tuesday , 6th January 2015
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