Market News

Enel Green Power (EGP, Rome, Italy) has begun construction of the Pulida solar photovoltaic (PV) plant, which is located in the Free State Province in South Africa. The PV project will have a total installed capacity of 82.5 MW and once fully operational will be able to generate more than 150 GWh . . .

 THE Minister for Trade and Industry, Dr Abdallah Kigoda, on Tuesday unveiled a catalogue of industrial projects, including a 5trn/- Mchuchuma coal and Liganga iron ore projects set to kick off this year.   Moving his ministry's budget estimates, Dr Kigoda stated that the government and . . .

 Tanzania Electric Supply Company (Tanesco) Managing Director, Engineer Felchem Mramba, said although renewable energy technology is currently expensive but the future remains in exploiting wind and solar.   “Traditional energy sources such as gas and coal will be depleted over tim . . .

The Rural Energy Agency (REA) envisages supplying 1,250,000 rural dwellers with electricity in the next five years, thanks to about 900bn/- that the government has set aside to support the grand project. REA Chairman Edmund Mkwawa, releasing the agency report on implementation of rural energy pro . . .

Royal Dutch Shell’s $70 billion takeover of BG Group Plc will put Europe’s largest energy company in the middle of East Africa’s race to export natural gas and is set to boost the chances of Tanzania becoming a major supplier. The acquisition would include stakes in three blocks . . .