Market News

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 . . .

 ADDIS ABABA (Thomson Reuters Foundation) – As Washington hosts the U.S.-Africa Leaders Summit this week, an ambitious but low-profile energy programme announced by President Barack Obama in June 2013 is set to move back into the spotlight.   Power Africa is a U.S. government-led i . . .

 TANZANIA is endowed with a huge 4,000mw-cheap geothermal energy potential and the Vice-President, Dr Mohamed Gharib Bilal, has challenged geoscientists in the country and Africa to tap it for the betterment of the people.     The geothermal potential is about three times the exist . . .