Page 32 - Web Editor News Today

Sihle Qekeleshe, Web Editor February 5, 2021 The International Renewable Energy Agency (IRENA) and International Hydropower Association (IHA) have partnered to advance sustainable hydropower development through the sharing of knowledge, data and best practices. The formal partnership agreement will see the two organizations work together to increase hydropower financing, development and its use as a sustainable energy source.   “While hydropower will continue t...

Sihle Qekeleshe, Web Editor January 25, 2021 Cabinda Gulf Oil Company Limited (CABGOC) – Chevron’s wholly owned subsidiary in Angola – has awarded Subsea 7 a substantial contract for the Sanha Lean Gas Connection (SLGC) project , comprising the construction of the Lean Gas Platform System in Block 0 offshore Angola. The contract is estimated to be valued at $150 million to $300 million. While project management and engineering works will be conducted by Subs...

The coalition will focus investment research activities on West, Central, East and Southern Africa.

The announcement was made during the 27th Investing in Mining Indaba virtual event.

Sihle Qekeleshe, Web Editor February 2, 2021 To drive the adoption of renewable power generation in Burkina Faso, the European Investment Bank (EIB) will invest $46.5 million in clean energy and climate adaptation projects in the country.   The renewable projects are expected to improve access to energy and protect the capital city, Ouagadougou, from flooding. Under the agreement, the EIB will provide funding for a solar power plant – which will result in the e...

The Damietta and Idku facilities will be reopened to boost domestic production and export of liquified natural gas.

Sihle Qekeleshe, Web Editor January 27, 2021 Nigerian hydroelectricity company Mainstream Energy Solutions Ltd. has awarded Andritz – Austrian plant engineering group – the contract to modernize a generation unit at the Jebba hydroelectric power plant. The contract holds an estimated value of $36 million and will see the installation of new electro-mechanical and hydro-mechanical equipment, with a view to expanding the lifespan and reliability of the equipment...

Sihle Qekeleshe, Web Editor Image: Energy Live News The International Finance Corporation (IFC) has announced plans to catalyze private sector financing – in Egypt, South Africa, the Philippines and Mexico – for climate mitigation and adaptation projects. The IFC will increase climate lending to participating banks in the four countries to 30% under a new program, “Scaling Up Climate Finance through the Financial Sector,” with a view to better aligning funding strategie...

Sihle Qekeleshe, Web Editor January 26, 2021 Kipeto wind farm – Kenya’s second-largest wind power project – is now connected to the national grid. Kipeto Energy Plc (KEP) linked the plant to the grid – operated by Kenya Electricity Transmission Company (Ketraco) – at the Isinya Substation via a 17-km, 220KV high voltage transmission line. The 100MW wind farm, which is expected to start generating power next week, comprises 60 wind turbines with a respect...

Sihle Qekeleshe, Web Editor January 26, 2021 Libya’s state-owned power company – General Electricity Company of Libya (GECOL) – has kick-started construction of a new 164MW gas-fired power plant. Located in Zliten, the plant will comprise four, 41MW turbines. Construction is estimated to cost $134 million and to be completed within five months. GECOL has received full approval from the Audit Bureau for the construction of the plant, as well as completed cont...