electricity Archives - Page 3 of 4

ELECTRICITY REGULATION ACT REVISED IN SOUTH AFRICA

Posted on February 24, 2020 by Gambeta News

New revisions to power sector regulations could lead to upsurge in corporate PPAs The South African Mineral Resources and Energy Minister Gwede Mantashe recently announced that Schedule 2 of the Electricity Regulation Act (ERA) was currently being revised. The revisions will accommodate “self-generation and facilitate municipal generation options”. While all stakeholders will be eagerly awaiting a draft of the proposed amendments before taking action, the announcement of these developments is still welcomed. The revisions are…

EGYPT AND SUDAN KICKS OFF ELECTRICITY INTERCONNECTION PROJECT

Posted on January 15, 2020 by Gambeta News

Egypt and Sudan will to begin the project to link both national grids. The project which is expected to operate at a total capacity of 50MW and further rise to a total capacity of 240MW by the end of this year. Sudan has offered USD20 million of the USD31.74 million total cost for the grid, to cover 1,000 kilometer. The state-owned Egyptian Electricity Transmission Company and Indian construction firm Larsen & Toubro are will handle…

ZAMBIA TO KICK START PROCESS FOR IMPORTING ELECTRICITY

Posted on October 25, 2019 by Gambeta News

Zambia’s President Lungu informed his Minister of Energy to start process of importing electricity after ZECO announced rationing power. President Edgar Lungu of Zambia has informed the Minister of energy to start the process of importing electricity. This directive follows after the country was hit with a major electricity problem. The problem came up after state-owned power generating company – Zesco – announced it would be rationing power by as much as 15 hours a…

MALAWI’s PARLIAMENT PASSES LOAN BILL FOR ELECTRICITY EXPANSION

Posted on October 2, 2019 by Gambeta News

Parliament pass loan bill for electricity expansion in Malawi. Malawi parliament has passed a loan bill that will enable them borrow fund for the nation electricity expansion. The bill for the loan which is worth US$150m will aim to increase access to electricity in Malawi. According to Minister of Finance Joseph Mwanamvekha the project has three component; like grid electrification, off grid market development fund and technical support. During the meeting, the loan bill was…

ZIMBABWE NEGOTIATE MORE POWER DEAL WITH MOZAMBIQUE

Posted on August 26, 2019 by Gambeta News

Minister Advocate Fortune Chasi announced negotiation deal with Mozambique for electricity generation. Zimbabwe is negotiating a deal with Mozambique for electricity generation in the country. The 400 MW deal will enable the country prevent more power shortage which they are facing at the moment. This was according to Energy and Power Development Minister Advocate Fortune Chasi during a statement. Minister Chasi said “We are actually in the process of engaging Hydro Cahora Bassa of Mozambique…

NIGERIAN GOVT SIGNS ELECTRICITY DEAL WITH SIEMENS

Posted on July 22, 2019July 23, 2019 by Gambeta News

Will this new deal help solve the nation’s problem or is this another project that will look amazing but end up being a waste of time? Electricity is an unavoidable prerequisite to any nation’s development. These is due to its role in the socio-economic and technological development of every nation. In Nigeria, electricity demand is far outstripping the supply which has become epileptic in nature. The deal currently in place with Siemens aims at strengthening…

INTRO ENERGY TO LAUNCH US$100M PROJECT IN EGYPT

Posted on June 10, 2019 by Gambeta News

Intro Energy to launch electricity projects using net metering system in Egypt. Intro Energy is set to launch projects that will help produce electricity from renewable resources in Egypt. The project will be to implement a solar energy plant with a capacity of 20MW in Sharm El-Sheikh. This will also be with a net metering system. According to Managing Director of Intro Energy, Mohamed Mamdouh Abbas, the net metering system will include installing a digital…

QUANTEL TO PUMP 50MW FOR MALAWI ELECTRICITY GRID

Posted on May 22, 2019 by Gambeta News

Quantel announced plans to pump 50mw under the Bwengu Solar Park Project for Malawi electricity grid Quantel Renewable Energy is making plans to pump 50mw into Malawi electricity grid. This project was announced during the signing of 14 power purchase agreement (PPA) deal that involves different energy company. Quantel CEO Marvis Fields said ”The Bwengu Solar Park Project will has the capacity to generate 50 mw. It may also go up to 65 mwp/year translating…

VANDALISATION OF ELECTRICAL EQUIPMENT AFFECTING KENYA POWER

Posted on May 14, 2019 by Gambeta News

Kenya Power spends Sh5.5 billion on installation of electricity due to vandalism. Kenya Power has announced that the constant vandalism of electrical materials is affecting them. This has result in the distribution company spending Sh5.5 billion in installation of street lights in Nairobi alone. The distribution company has make sure that all areas within the city have light but the vandalism are reversing the gains. This has result to the stealing of transformers, street lamps…

SEPLAT PARTNERS WITH NNPC TO RAISE US$700m GAS DEVELOPMENT FUNDS

Posted on April 26, 2019 by Gambeta News

Seplat teams up with NNPC to improve gas production in Nigeria. Seplat Petroleum Development Company recently announced that it is partnering with Nigeria National Petroleum Corporation (NNPC); to raise US$700 million for a gas development project. The US$700 million is for a joint gas project in Imo state; which will tremendously help Nigeria to reduce its dependency on oil. According to A.B.C Orjiako, the Co-founder and Chairman of Seplat; the project includes the development of the Assa…

LOAN REQUEST FOR RURAL ELECTRIFICATION IN NIGERIA

Posted on April 24, 2019April 24, 2019 by Gambeta News

Nigerian Govt to request USD 200 million loan for rural electrification project. The Nigerian government approves a request to obtain a USD 150 million loan from African Development Bank (AfDB). More so, the loan will feature an additional USD 50 million fund from the Africa Grow Together Fund – a co-financing fund between AfDB and People’s Bank of China. The ministry of Power, Works and Housing intends to use this money to finance the ongoing rural electrification initiative….

PEG AFRICA COMPLETES US$25m SERIES C FUNDING

Posted on April 2, 2019April 3, 2019 by Gambeta News

PEG Africa raises US$25 million Series C funding to boosts its off-grid solar expansion in West Africa A solar company PEG Africa, who provides pay-as-you-go (PAYG) solar services in West Africa; have raised a US$25 million Series C funding. This have now taken its funding total to US$50 million. PEG Africa provides useful productive and essential assets, such as solar home systems, to undeserved households in West Africa. It also provides credit for these assets via its pay-as-you-go (PAYG)…

UGANDA GOVERNMENT TO COMMISSION ISIMBA HYDROPOWER DAM

Posted on March 21, 2019March 21, 2019 by Gambeta News

President Kaguta Museveni will later today commission the Isimba Hydropower Dam Uganda Government will today commission the Isimba Hydropower Dam project. The 183MW Isimba Hydropower Dam will help address the shortage of power and also increase the nation capacity to 1000MW. Pres. @KagutaMuseveni will today commission the 183MW Isimba Hydro Power plant in Kayunga district. The Shs 2 trillion dam will bring #Uganda’s installed capacity to 1000MW. #IsimbaCommissioning 📸 @UegclOfficial pic.twitter.com/M8WnoJtukh — Government of Uganda (@GovUganda) March…

EGYPT INCREASE ELECTRICITY SUPPLY TO JORDAN

Posted on February 28, 2019March 1, 2019 by Gambeta News

Egypt increase gas supply to Jordan for electricity generation to 350m cubic feet per day. Egypt has increased its gas supply to Jordan to help generate more electricity. The daily supply to Jordan have been increased from the normal 100 m cubic feet per day to 350 m cubic feet per day. According to the Egyptian Minister for Petroleum, Tarek El Molla, Egypt exports changeable amounts of natural gas to Jordan. He also said it is based…

ASHAKA CEMENT COMPANY TO LAUNCH 16 MEGA WATT PLANT

Posted on February 13, 2019 by Gambeta News

Ashaka Cement Company, a subsidiary of Lafarge Africa Plc will soon launch a 16-megawatt power plant in Nigeria. The power plant will help add more megawatts to the national grid. According to the Managing Director of Ashaka Cement, Rabiu Abdullah Umar, the plant which costs about 11 million naira; will create more employment, boost operational efficiency and also tackle high energy cost faced by the industry especially in the North East. The construction of the power plant began in 2017…

RWANDA SIGNS US$400m METHANE GAS PRODUCTION DEAL

Posted on February 6, 2019February 8, 2019 by Gambeta News

Rwanda signs deal to extract methane gas from Lake Kivu The Rwanda government have signed a US$400 million deal with Gasmeth Energy Ltd to extract, process, compress and also bottle methane gas from Lake Kivu. The signing of the seven years deal took place on Friday 1st February 2019 but was announced yesterday (5 February 2019). At the signing ceremony, representing Rwandan government was; the Rwanda Mines, Petroleum and Gas Board (RMB) and the Rwanda Development…

UGANDA RURAL ELECTRIFICATION PROGRAMME GETS US$212m

Posted on October 26, 2018October 26, 2018 by Gambeta News

Uganda gets US$212 million from Chinese government for Rural Electrification Programme. The Chinese government have given a US$212 million loan to Uganda to help support its rural electrification programme. Uganda plans to increase its rural electrification access rate to 51 per cent by 2030. Under the rural electrification programme it also expects to reach 100 per cent by 2040. The signing of this loan is an example of China-Uganda Economic Cooperation. In Africa, Uganda is…

AfDB : US$ 30m TO CONCLUDE CONNECTIVITY IN KENYA POWER SECTOR.

Posted on July 27, 2018 by Gambeta News

Kenya Power will see its funding for the Last Mile Connectivity Project doubled by African Development Bank (AfDB). AfDB gives Kenya US $30m for the first phase and second phase one of the Last Mile project money. The funds will cover 600,000 Kenyan households connected to electricity with 314,000 targeted in the initial phase. The Government is enhancing connectivity for Kenyan citizens from the funds advanced to the country. Funds will be implemented in projects…

OVER HUNDREDS OF HOMES IN NAMIBIA TO GET ELECTRICITY

Posted on July 13, 2018 by Gambeta News

Hundreds of homes in Namibia are going to get electricity connection. The long wait by prospective applicants on council’s waiting to secure electricity is slowly being shortened as the electrification of about 322 even, which was the stumbling block to award plots to the people in Omuthiya, is envisaged to commence soon. Hence, by August the town council will appoint a contractor to start electrifying the area. The area already has road infrastructure, water and…

POWER TO POWER SUMMIT 2018

Posted on June 22, 2018June 22, 2018 by Gambeta News

POWER TO POWER SUMMIT 2018: INNOVATION AND ENERGY EFFICIENCY Details of the Power to Power Summit 2018 is as follows: Date: 5th and 6th July, 2018 Venue: Hotel Presidential Port-Harcourt Time: 10 a.m daily The need for organizing this Power to Power Summit is to address the issues affecting energy/power in our country. At the summit whose theme is titled; Innovation and Energy Inefficiency, the discussions will be around the following issues: Proffering solutions to…

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