Energy

Ethiopia power plant gets USD 10 million boost

Ethiopia power plant gets USD 10 million boost

Ethiopia has taken a step towards its green energy target andopened the door to further private sector investment in geothermal energy, with a USD 10 million loan from a fund.The co…...

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World Bank: Morocco Has ‘Fantastic’ Offshore Wind Energy Potential

World Bank: Morocco Has ‘Fantastic’ Offshore Wind Energy Potential

Rabat – Morocco has a “fantastic” offshore wind resource “that is too attractive to ignore,” World Bank senior energy specialist Mark Leybourne said.In a recent report about em…...

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African Development Bank welcomes $10 million Clean Technology Fund investment to diversify Ethiopia

African Development Bank welcomes $10 million Clean Technology Fund investment to diversify Ethiopia

(AfDB ) - The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund (CTF), one of two funds within the Climate Investment Funds (…...

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Leading Africa’s energy transition through wind power

Leading Africa’s energy transition through wind power

Siemens Gamesa has been pioneering wind energy projects in Africa for20 years. Installations total 3.4GW which is equivalent to more than half of the entire wind power capacity inst…...

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Transmara Sugar plans Sh4.7 billion electricity plant

Transmara Sugar plans Sh4.7 billion electricity plant

Transmara Sugar Company plans to produce 25 megawatt (MW) of electricity at its Kilgoris factory for which it is negotiating approval to generate and supply with regulators. The mil…...

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Kenya launches Chinese-built 50MW solar power plant

Kenya launches Chinese-built 50MW solar power plant

Kenyan President Uhuru Kenyatta on Friday launched a 50 MW solar power farm located in Garissa, northeast region, with the plant being one of the largest photovoltaic electricity st…...

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KenGen half-year profit nearly doubles to Sh8 billion

KenGen half-year profit nearly doubles to Sh8 billion

Kenya Electricity Generating Company (KenGen) first half net profit to December 2019 surged 98 percent to Sh8.17 billion boosted by tax savings and drilling works in Ethiopia. The …...

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Solar firm seeks Sh2bn for expansion

Solar firm seeks Sh2bn for expansion

Pay-as-you-go solar energy company Azuri Technologies is seeking to raise Sh2 billion from private equity firm Sunfunder for expansion in Kenya. SunFunder, which has offices in Keny…...

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Chinese firm wins Sh740m Kenya Power meters tender

Chinese firm wins Sh740m Kenya Power meters tender

Chinese firm Shenzhen Star Instruments Company has won a Sh746.2 million tender to supply single phase prepayment meters to Kenya Power . The electricity distributor reveals in the …...

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Egypt, Ethiopia, Sudan to finalize Blue Nile dam agreement this month

Egypt, Ethiopia, Sudan to finalize Blue Nile dam agreement this month

Ministers from Egypt, Ethiopia and Sudan agreed on Wednesday to reconvene in the United States later this month to finalize an agreement on a giant hydropower dam on the Blue Nile t…...

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