Market News
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Africa’s DoE embarks on solar geyser procurement
Posted on :Wednesday , 9th December 2015
The South African Department of Energy (DoE) has issued the request for bids of solar water heater systems as part of a national solar geyser roll-out.
The systems are to be procured in phases and with a number of them having been installed under a rebate scheme previously administered by Eskom, the plan envisions raising the total installed base to 1.75-milli. . .Japan to fund construction of solar power plant in Africa
Posted on :Saturday , 5th December 2015
Japan will fund the construction of a solar power plant in Egypt in a move aimed at enhancing energy the sector in the country Foreign Minister Sameh Shoukry has announced.The solar power plant will be constructed at a cost of $US 100 million.
The power plant will have a capacity of 20 megawatts and will be located in the sunny Red Sea resort. . .Financing secured for Africa’s New Solar Power project Inhitiative
Posted on :Friday , 4th December 2015
The Overseas Private Investment Corporation (OPIC) has signed an agreement with SolarReserve and ACWA Power to support the development of solar power in South Africa
Redstone Solar SolarReserveThe project will be able to deliver stable electricity supply even after sunset.According to the agreement, OPIC is making a US$400mn commitment of debt financing to sup. . .Ascension Properties in Africa embraces sustainable energy
Posted on :Wednesday , 2nd December 2015
South African real estate firm Ascension Properties is installing its first solar photovoltaic (PV) in Cape Town in a bid to reap financial rewards of green energy over the long-term.
The move will see the use of the embedded generation scheme available in Cape Town to enable the solar installation to feed any surplus electricity, produced by the PV system, ba. . .Japan Pledges to Finance Hurghada Solar Power Plant
Posted on :Monday , 30th November 2015
Egypt's Ambassador to Japan Ismail Khairat said that Japan pledged to finance a solar power plant in Hurghada at a cost of $100 million.
In a statement, the foreign ministry said that the agreement was reached during the recent visit paid by Foreign Minister Sameh Shoukry to Japan.That cooperation, the first of its kind between Egypt . . .Please Select an Option
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