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  • Financiers join Turkana initiative Published Fri, 19 Dec 2014 09:49:57 +0000
    The north eastern region of Kenya has commenced with construction of Africa’s largest wind farm that will contribute an additional 20% of power to the country’s national grid. The Lake Turkana Wind Power project (LTWP) started the construction in November of a 310MW wind farm in Loiyangalani, Marsabit which will be constructed over 32 months […]
  • South African REIPPPP round 4 winners to be announced in 2015 Published Fri, 19 Dec 2014 09:11:19 +0000
    The winners who took part in the fourth round of the renewable energy programme (REIPPPP) will be revealed in the first quarter of 2015, PV Tech reported. The announcement was to take place in November but the South African Department of Energy revealed the new date on its website this week. Bidding for the fourth […]
  • Investment bank launches private equity fund in West Africa Published Fri, 19 Dec 2014 09:01:54 +0000
    On Monday, investment bank Eczellon Capital Limited, announced its West African private equity fund with a potential target of US$250 million, This Day Live reported. The investment bank is centred on the West African region, focusing on industries which directly influence the region’s economies such as energy and infrastructure, Mr Diekola Onaolapo, chief executive of […]
  • EU funds feasibility study for LNG port in the Canary Islands Published Thu, 18 Dec 2014 08:40:55 +0000
    The European Union has contributed US$498,000 to the Port of Santa Cruz de Tenerife in the Canary Islands, to conduct a feasibility study to determine if the port can be developed into a centre point for Liquefied Natural Gas (LNG), the Load star reported. According to Airam Diaz Pastor, the port director, the vision for […]
  • European Investment Bank invests in Guinea hydroelectric power Published Thu, 18 Dec 2014 08:36:54 +0000
    West Africa has endured extremely tough conditions this year and the cumulative economies have taken a hit. Four Guinea hydropower plants have received an injection of funds from the European Union which will allow them to increase their total generation output from 75MW to 122MW, hydroworld reported. The agreement was signed by Guinean Minister of […]
  • Nuclear vendors to be selected for development of facility Published Thu, 18 Dec 2014 08:30:20 +0000
    On Wednesday the South African Presidency announced that it would be calling for tenders to develop additional nuclear power in accordance with its future power strategy, Reuters reported. The Presidency said in a statement that ‘recently, government held consultations with a number of nuclear vendor countries including the United States of America, South Korea, Russia, […]