Market News

Gensets aiding economic growth in Africa
Gensets aiding economic growth in Africa
7 July 2015

 In 2014, Nigeria imported a total of 28,678 genset units totalling to US$185.5mn, as per data provided by PowerGen Statistics genset-africa-USAIDThe sales of products in the global generator market have been particularly strong in regions which have an unreliable electricity supply, such as co . . .

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China- Africa into a power generation contract
China- Africa into a power generation contract
6 July 2015

 The Ethiopia Electric Power has signed a US$120mn contract with China Electric Power & Equipment Technology Company (CET) for the construction of the Ethiopia-Kenya Transmission Atlantis Images-transmissionlinesAfDB has provided the Kenyan government funding for a 500 kV transmission line in . . .

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London & Norway based companies embarked to light up Africa
London & Norway based companies embarked to light up Africa
6 July 2015

 London-based Genesis Energy Corporation and Norway’s SHP Malthe Winje have decided to fast-track the deployment of modular mini hydro power solutions for Nigeria and the entire African continent at large hydropower-statkraft-flickrNigeria is well endowed with streams and tributaries, wh . . .

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Mini hydro power solutions for Nigeria
Mini hydro power solutions for Nigeria
6 July 2015

 London-based Genesis Energy Corporation and Norway’s SHP Malthe Winje have decided to fast-track the deployment of modular mini hydro power solutions for Nigeria and the entire African continent at large   SHP Malthe Winje are considered market leaders in manufacturing and supplyi . . .

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Italian company Ansaldo Energia signs 3 power contracts with Africa
Italian company Ansaldo Energia signs 3 power contracts with Africa
4 July 2015

 Italian power engineering company Ansaldo Energia has been awarded three contracts worth US$266mn in Egypt AnsaldoEnergia-EgyptAnsaldo Energia will supply two AE94.2 gas turbines rated at 170MW each for the open cycle power plant in Al Mahmoudia.  The first two contracts cover the conve . . .

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