Other Markets
South African’s Letsatsi and Lesedi solar projects get $564 million
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16 Nov 2012
- Published on Friday, 16 November 2012 16:17
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Two solar photovoltaic projects in South Africa’s Free State and the Northern Cape will be delivering renewable energy for more than 50,000 homes in the region by mid-2014. A consortium comprising solar power developer SolarReserve; South African investment and financial advisors Kensani Group; and South African renewable energy developer Intikon Energy closed $586 million in financing for...
African region’s wind energy resource better compared with other countries
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06 Nov 2012
- Published on Tuesday, 06 November 2012 10:01
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Africa has a huge wind energy reserve just waiting to be tapped compared with other developing regions, a study presented before an economic conference concerning the region shows. According to a paper presented at the 2012 African Economic Conference, out of the 27 developing countries across all continents that hold the highest potential for wind energy, eight are in the African region. These are Somalia, Sudan, Libya, Mauritania, Egypt, Madagascar, Kenya and Chad...
Mauritania’s solar capacity promising, says Masdar
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29 Oct 2012
- Published on Monday, 29 October 2012 09:42
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Masdar has plans to build a 15-megawatt solar power project in Nouakchott, the capital city of Western African country Mauritania. According to Masdar, the proposed project, along with renewable energy projects in Tonga and Afghanistan, is part of a slew of efforts in recognition of the United Nations’ “Year of Sustainable Energy for All,” a worldwide initiative for universal access to modern energy services...
Peru’s first large scale wind farms rising in 2013
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09 Oct 2012
- Published on Tuesday, 09 October 2012 09:56
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The first large-scale wind farms in Peru will become commercially operational by the fourth quarter of 2013. ContourGlobal, a New York-based international power generation company, announced that their subsidiary ContourGlobal Latam S.A. has acquired the planned Cupisnique and Talara wind farms from Energia Eolica S.A. The two wind farms will be Peru’s largest wind installations and the largest wind...
U.K. to boost renewable energy in Tanzania
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04 Oct 2012
- Published on Thursday, 04 October 2012 10:43
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Nineteen British companies are set to boost Tanzania’s renewable energy sector, particularly solar, wind and geothermal power that all have vast energy prospects to match the African country’s energy demands. Using its International Climate Fund, the United Kingdom will provide £3 billion ($4.83 billion) to spur private investments instead of relying on aid to finance low-carbon generation in Africa,...
Tokelau to become world’s first solar-powered nation
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31 Jul 2012
- Published on Tuesday, 31 July 2012 08:24
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The Tokelau group of islands in the South Pacific is gearing up to become the world’s first wholly solar-powered nation. According to a 3News.co.nz report, over 4,000 solar panels across the New Zealand territory’s three atolls – Fakaofo, Nukunonu and Atafu – will supply electricity to the atolls’ more than 1,400 people and prevent 12,000 tons of carbon emissions over its life span.
Tonga replacing some of its diesel with solar next month
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30 Jul 2012
- Published on Monday, 30 July 2012 09:24
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Kenya unveils 280-MW geothermal power project
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25 Jul 2012
- Published on Wednesday, 25 July 2012 11:05
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Kenyan President Mwai Kibaki officially announced the construction of a geothermal power plant project that will raise the country’s total electricity output by 25 percent, ensuring ample energy supply while reducing costs and dependence on foreign electricity.According to a report in Allafrica.com, the $981 million Olkaria geothermal project by state-owned Kenya Electricity Generating Company will contribute 280-megawatts to the national grid when completed in 2014.
New South African government agency devotes itself to clean energy
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24 Jul 2012
- Published on Tuesday, 24 July 2012 08:31
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Morocco sees 40 percent renewable energy mix by 2020
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16 Jul 2012
- Published on Monday, 16 July 2012 11:14
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