Category archives for: Electricity

Erratic Power Supply in Ghana: ACEES Calls on ECG to Publish Load Shedding Schedule

Accra, March 4, 2020: The Africa Centre for Energy and Environmental Sustainability (ACEES), a leading energy think-tank has called on the Electricity Company of Ghana (ECG) to publish load reduction schedules prior to prolonged power interruption to help power consumers plan accordingly.

Budget Shows Treasury Is Desperately Short of Ideas to fix South Africa’s Economic Woes

South Africa’s finance minister, Tito Mboweni, ahead of his budget speech. EPA/Nic Bothma Seán Mfundza Muller, University of Johannesburg February 27, 2020//-At the core of this year’s budget proposals from South Africa’s national treasury is the admission that national debt is no longer expected to stabilise.

Forum on Ghana’s Energy Sector Held

Accra, Ghana, February 13, 2020//-A former Deputy Minister of Energy and MP for Yapei Kusawgu, John Jinapor has addressed a forum of the opposition National Democratic Congress (NDC) supporters in Accra on Wednesday on Ghana’s energy sector.

Smart Water Heating Could Help in South Africa’s Energy Crisis

By centrally controlling when household water heaters (geysers) can be switched on and off, South Africa can ease up electricity demand during peak consumption times. Shutterstock MJ (Thinus) Booysen, Stellenbosch University February 3, 2020///-South Africa’s energy crisis has many dimensions, from political and economic to technical and environmental.

Siemens Supports Ghana’s Transformation Trajectory

January 16, 2020//-Siemens has signed a Memorandum of Understanding (MoU) with the Republic of Ghana to address the country’s energy and infrastructure challenges, while contributing to the Governments growth and development agenda of creating high quality jobs and enhancing the vocational skills of Ghana’s youth.

Ghana: GRIDCo Disconnects Power Supply to VALCO Over Huge Debt

Accra, Ghana, December 30, 2019//-The Ghana Grid Company Limited (GRIDCo) today disconnected power supply to the Volta Aluminum Company Limited (VALCO) over mountainous debts.

Blueprint for a Pan-continental Electricity Network and Market Coming

December 13, 2019//-The African Development Bank and the African Union Development Agency (AUDA-NEPAD) have agreed to jointly develop a blueprint for a pan-continental electricity network and market.

African Development Bank Approves $210M  Financing for Nigeria’s Project

Abidjan, Côte d’Ivoire, November 29, 2019 – The Board of Directors of the African Development Bank Group has approved a $210 million  financing package to  Nigeria, for the Nigeria Transmission Expansion Project (NTEP1), which seeks to rehabilitate and upgrade the nation’s power lines and improve distribution and supply.  

Vantage Capital Exits its Genser Ghana Investment

Johannesburg, South Africa, November 16, 2019/ — Vantage Capital, Africa’s largest independent mezzanine fund, announced this week that it successfully exited its $18.5 million mezzanine investment in Genser Energy, a management-owned, independent power producer.

Global Distribution Transformers Market Expected to Strong Growth

November 8, 2019//-The global distribution transformers market is estimated to grow at a compound annual growth rate (CAGR) of 2.25% over the forecast period (2019–2023) to reach $15.36bn in 2023, says GlobalData, a leading data and analytics company.    

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