African Business News

Powerhive ends Kenya Power’s distribution monopoly

The government of Kenya has awarded a power distribution license to Powerhive East Africa a wholly owned subsidiary of US microgrid solutions provider Powerhive Inc effectively bringing to an end the local power utilities monopoly in the distribution of power.

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Egypt to offer solar power projects at EEDC

Egypt will increase its solar power capacity from 4.3GW to 8GW in the next ten years, in a bid to meet the energy needs of the country.

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Enel Green Power announces start of construction on an 82.5 MW PV plant in South Africa

Enel Green Power (EGP, Rome, Italy) has begun construction of the Pulida solar photovoltaic (PV) plant, which is located in the Free State Province in South Africa.

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SUNEDISON SECURES FUNDING FOR BOSHOFF SOLAR PROJECT

SunEdison has secured 1.8 billion rand in foreign debt to fund the 60 megawatt Boshoff solar park project.

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