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Gilgel Gibe III On a Trial Electric Power Production

Gilgel Gibe III On a Trial Electric Power Production

The largest hydropower plant in Ethiopia, Gilgel Gibe III, started trial electric power production on Tuesday (August 11, 2015), announced the Ministry of Water, Irrigation and Energy. The dam begins trail production since it stored water that enables the production, Alemayehu Tegenu, Minister of Water, Irrigation and Energy told the press. When the trail is […]

Probe Into U.S $533 Million Kariba Power Project Widened

Probe Into U.S $533 Million Kariba Power Project Widened

THE Botswana government’s investigation of legislator Samson Guma Moyo, suspected to have corruptly received payments from Zimbabwe’s US$533 million Kariba South power extension project, has been widened after the Botswana Unified Revenue Service (Burs) launched its own investigation. Moyo, a Motswana with Zimbabwean roots and strong connections to government and Zanu PF bigwigs, was hauled […]

Peter Sinkamba Says Zambia to Generate 18,000 Mega Watts More If He’s President

Peter Sinkamba Says Zambia to Generate 18,000 Mega Watts More If He’s President

Opposition Green Party President Peter Sinkamba says a broader mix of energy sources is what Zambia needs to meet its growing demand for power. Sinkamba says the broader mix of energy sources he is proposing should however be of independent power producers. He says this is especially that Zambia is increasingly attracting industrial investment whose […]

Not All Dark for Eskom, Results Reveal

Not All Dark for Eskom, Results Reveal

Eskom’s financial year until the end of March 2015 was unusually challenging, leading to the financial and operational health of the business deteriorating, according to acting CEO Brian Molefe. He spoke at a media briefing on Tuesday where Eskom released its integrated annual results. “We struggled to meet the electricity demand and often had to […]

World Bank Approves Largest Ever Guarantees for Ghana’s Energy Transformation

World Bank Approves Largest Ever Guarantees for Ghana’s Energy Transformation

The World Bank’s Board of Directors today approved a record investment of $700 million in guarantees for Ghana’s Sankofa Gas Project – a transformational project that will help address the country’s serious energy shortages by developing new sources of clean and affordable natural gas for domestic power generation. The Board approved a unique combination of […]

Ethiopia Electric Power Signs Groundbreaking Agreement to Buy Geothermal Energy

Ethiopia Electric Power Signs Groundbreaking Agreement to Buy Geothermal Energy

Ethiopian Electric Power (EEP) is buying up to 500MW of electric power generated from the Corbetti geothermal source near Hawassa from Corbetti Geothermal Plc. The power purchase agreement was signed by Azeb Asnake, CEO of EEP and Edward Njorge, one of the investors from Berkeley Energy, in the Corbetti geothermal project along with Reykjavik Geothermal […]

Renewable Energy Financing Promoted in Egypt

Renewable Energy Financing Promoted in Egypt

IFC, a member of the World Bank Group, and the Egyptian Banking Institute co-hosted a workshop in Cairo to highlight the investment opportunities emerging in Egypt in renewable energy, promote financing for such projects and encourage best practice in the field. The pioneering one-day training session, supported by the Danish Government and held in partnership […]

SA Energy Utility Seeks Massive Tariff Hike

SA Energy Utility Seeks Massive Tariff Hike

The total increase of 24.78%, which Eskom is now asking for, will endanger about 200 000 job opportunities at ferrochrome refineries, while the largest ferromanganese refineries in the country have already closed due to electricity tariffs. Jurg Zaayman, chair of the Ferroalloys Producers Association of SA, on Tuesday presented data to the National Energy Regulator […]

Power Outages Slow South Africa’s Economic Expansion

Power Outages Slow South Africa’s Economic Expansion

Struggling utility can’t meet rising demand from power-hungry industries, forcing them to cut back BRAKPAN, South Africa—It takes a lot of power to extract traces of gold from the 60,000 tons of sludge DRDGOLD Ltd. sends through its machinery here each day. That is something that the Johannesburg-based company hasn’t been able to count on […]

Zambia and Zimbabwe In Darkness as they face Electricity problems

Zambia and Zimbabwe In Darkness as they face Electricity problems

A fault at Zambia’s Kariba North hydropower station Monday caused a blackout across most of Africa’s second largest copper producer and cut supplies to large parts of Zimbabwe. The Zambian fault knocked out Zimbabwe’s Kariba South hydro-electric plant and its Hwange thermal power plant, Fullard Gwasira, spokesman for state-owned power utility, Zesa Holdings (Pvt) Ltd., […]

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