TCN

Angola: substation project to electrify 2.5m and create jobs

In Angola, the Belo Monte substation project is expected to provide electricity to 300,000 households and benefit more than 2.5 million people.

Global gas demand to rise 10% over the next five years

The IEA has noted that global natural gas demand is set to keep growing over the next five years, driven by high consumption, fast-growing Asian economies.

Floating substation ready for the offshore wind market

French companies Ideol and Atlantique Offshore Energy have revealed market-ready plans for a floating substation to serve the offshore wind energy sector.

SA wind industry says decentralised generation model is needed

The wind industry believes that South Africa needs to shift away from a centralised monopoly to a more efficient decentralised generation model will increase competition and drive down energy prices.
LNG Development

LNG development on upward trajectory in Mozambique

A joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Development.
Solar module efficiency

Solar module efficiency increasing as demand rises

In Africa, it is estimated that by 2035 solar PV projects will contribute 9.8% of electricity generation making way for solar module efficiency development.
Marthinusen & Coutts

Marthinusen & Coutts holds largest-ever stator rewind record in South Africa

In November 2018, Marthinusen & Coutts, a division of ACTOM, completed the largest stator rewind installation ever conducted in South Africa.

President Buhari urged to declare Nigeria’s power sector a state of...

President Buhari is urged to declare a state of emergency in the power sector, as Nigeria generates about 4,000MW against a population of over 180 million.
African Domestic Bond Fund

World Bank projects global economic growth to weaken to 2.6% in...

Global economic growth is forecast to ease to a weaker-than-expected 2.6% in 2019 before inching up to 2.7% in 2020, states a...
trade finance, solar panel

Solar panel manufacturer notes downturn in China’s PV uptake

Global solar panel manufacturer, Jinko Solar, has reported sluggish movement in China’s solar photovoltaic (PV) power additions in 2019.

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