Tag Archives: power plant
PLATINUM SPONSOR INTERVIEW: “Symbion and many other companies from the United States are ready to invest in Africa.”
Standard Bank Group has acted as the sole lead arranger for South Africa’s first – and only the world’s third – renewable energy bond for concentrated photovoltaic energy . The R1-billion, 16-year solar financing bond (closed on 29 April), with an 11% coupon was raised for French renewable energy firm Soitec.
New technology for harvesting energy from low velocity ocean and tidal currents multiplies the potential for marine energy
by Anders Jansson, CEO, Minesto
Anders Jansson is co-founder and CEO of Minesto, an energy technology company in the field of marine energy, with a patented and proven technology (Deep Green) to harvest energy from low velocity tidal and ocean currents. He has eight years of experience from developing and commercialising marine energy technology, both as an entrepreneur and business leader with a background from Chalmers University of Technology. See http://www.minesto.com/.
The Aggreko Shanduka cross-border power project, located at Ressano Garcia in Mozambique has been awarded Africa’s Best Fast Track Power Project in 2012 at the Africa Energy Awards. The award ceremony took place during the gala dinner of the Power and Electricity World Africa conference and exhibition being held from the 8th to 11th of April in Johannesburg.
The power project has been awarded at the Africa Energy Awards
LILONGWE, Malawi, March 26, 2013/African Press Organization (APO)/ – The African Development Bank (AfDB) Group (http://www.afdb.org) approved, on March 25, 2013, a grant amounting to US $3.04 million to finance the Kholombidzo Hydroelectric Power Plant (HPP) Feasibility Studies in Malawi. The Government of Malawi will contribute US $0.23 million (7%) of the total study cost of US $3.27 million.
Up to now, there are more than 440 nuclear power plants in 31 countries, generating 14% of the world’s electricity. IAEA predicts that this proportion will at least up to 25% in 2030, with 90 new nuclear power plants entering service. Over 60 reactors are under construction in 13countires while about 160 reactors are planed and over 320 are proposed.
The Gauteng MEC for Infrastructure Development, Qedani Mahlangu will officially open the exhibition of the 5th annual Africa Energy Indaba on 19th February 2013 at the Sandton Convention Centre. The exhibition will be showcasing the latest technologies and vast opportunities in Africa’s energy sector. The opening of the exhibition by the MEC reinforces the Department of Infrastructure Development’s (DID) commitment to a greener economy.
Although nuclear power stations have been phased out in many parts of the world due to safety concerns following Japan’s Fukushima disaster, the debate about nuclear power as an alternative to coal-fired power is heating up in South Africa.