Market News

 A new investor consortium plans to develop a series of small-scale distributed renewable energy projects in the southern Morogoro region. Kastan Mining announced on 26 May that it had entered into a consortium with Indonesia-based Continental Energy Corporation, Pan African Management and Deve . . .

 BLESSED with the potential to generate over 4,000 megawatts of electricity from geothermal sources, the government has formed a company to steer the country into effectively and beneficially tapping it.   Operating as a subsidiary of Tanzania Electric Supply Company (Tanesco), the Tanza . . .

American companies should compete to develop power projects if Kenya is to get a bigger chunk of funds under Power Africa, according to Energy and Petroleum Cabinet Secretary Davis Chirchir.   Power Africa is an initiative by the American government to help double access to electricity in Afr . . .

An Italian company called TerniEnergia has won a contract to engineer, procure and construct two solar power plants in South Africa.   The installed capacity of the plants will be 148.5MW.  A 66MW plant will be built at the Tom Burke solar plant, located near the northern boarder with B . . .

 RURAL electrification has proved to be efficient driver in promoting value addition particularly of agricultural products that helped farmers to fetch premium market prices.     Statistics from Rural Energy Agency (REA) shows that there are 16 small hydropower projects operating s . . .