Daily Archives: February 7, 2018

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Malawi: IPP Issues Tender for 40MW Solar Power Plant

Malawi: IPP Issues Tender for 40MW Solar Power Plant

Malawian-based independent power producer, JCM Matswani Solar Corp, seeks to develop a 40MW solar photovoltaic (PV)project. The power producer has issued a Request for Expression of Interest, to select EPC contractors for the solar PV project to be located in the Salima District of central Malawi, reports PV magazine. JCM Matswani is a special purpose vehicle

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Mozambique to Sell Power to Lesotho Electricity Company

The electricity companies of Mozambique and Lesotho, have signed an agreement under which Electricidade de Mocambique (EDM) will sell Lesotho Electricity Company (LEC) between 10 and 30MW of power between January and December this year. Mozambique News Agency reported that the sale is expected to earn EDM $7 million, and will pave the way for a

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Botswana Set to Strengthen Electricity Network

The North West Transmission Grid Connection (NWTGC) in Botswana is set to strengthen the electricity network and grow the country’s economy in various sectors. Speaking at the ground breaking ceremony of the NWTGC, the Minister of Mineral Resources, Green Technology and Energy, Advocate Sadique Kebonang, explained that government is committed to ensure power connections across

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African Gas Market Trends Show Massive Growth Expected

The African gas sector is expected to boom in 2018, as the region begins to recover economically and investment increases. Governments in West African countries are increasing their efforts to secure stable gas supply to enhance power generation capacity and rely less on revenue generated by crude oil. This includes developing pipelines, floating liquefied natural

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Buhari’s Policy Direction on Power in Order, Says Rep

The Chairman of House of Representatives Committee on Power, Hon. Daniel Asuquo has stated that the Federal Authorities’ insurance policies on power revolution is on monitor and referred to as for help. Fielding questions from newsmen, in Calabar, Cross River State, on efforts made by the Federal Government to ship uninterrupted energy to the individuals,

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AIIM and Helios Invest in Nigerian Solar/Diesel Battery Hybrid Firm

African Infrastructure Investment Managers (AIIM) has invested in Starsight Power Utility, a Nigeria-based energy services company providing solar-diesel-battery hybrid and efficient cooling and lighting solutions to its commercial and industrial clients, PV Tech reports. AIIM secured its stake through its African Infrastructure Investment Fund 3 (AIIF3) as part of a US$30 million equity round, along with private

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Reservoir Capital Invests in Nigerian Hydro Power Producer

Reservoir Capital Corp. (TSXV: REO) (“Reservoir”) is pleased to announce that it has executed a Heads of Agreement dated February 5, 2018 with Kainji Power Holding Limited (“KPHL”) respecting a share exchange transaction that will result in Reservoir owning a 60% stake in KPHL and KPHL beneficiaries holding jointly 76.7% of Reservoir. KPHL holds a

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