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Evolution One Fund, a ZAR700m ($98.53m) clean technology private equity fund, has committed to invest up to ZAR146m in Red Cap’s 100MW Kouga wind farm, in the Kouga municipality of Eastern Cape province, 70km south-west of Port Elizabeth
Sasol New Energy Holdings has given Foster Wheeler’s Global Engineering and Construction Group a contract to carry out a feasibility study for a gas-fired power generation plant at Sasolburg
Private equity fund Evolution One has invested R51.8m ($7.6m) in major South African waste management company EnviroServ Waste Management (EnviroServ).
BURKINA FASO: Boad credits for power expansion; EGYPT: Alstom to supply management system; EGYPT: CSP only for Kom Ombo project; EGYPT: Kureimat solar-thermal near to commissioning; GHANA/COTE D’IVOIRE: Interconnection studies awarded; KENYA: Drought hits profits at KenGen; MOROCCO: Bid opening beckons for Safi IPP; MOROCCO: Coal contract for Jerrada; SOUTH AFRICA: Alstom contract for Kusile; TUNISIA: EIB funds for transmission
The Department of Energy has selected the US’ Fluor Corporation to perform a study for a potential 5GW solar park development in the Northern Cape
BURKINA FASO: Boad funding for diesel plant; CAMEROON: Nigeria’s MRS in tidal power study; CAPE VERDE: Martifer Solar opens new plant; EGYPT: General Cable buys BICC; SENEGAL: Moroccan contractor seeks PV units; SOUTH AFRICA: Larsen & Toubro sets up JV; SOUTH AFRICA: USTDA funds smart meters; TUNISIA: Decision still awaited on Bizerte IPP; DESERTEC: Algiers remains non-committal; ONE: Transformers wanted; TRANSGREEN: Moroccans sign up to interconnection
Eskom Holdings has concluded German and French export credit agency (ECA)-covered financings worth over E170m ($228m) to fund elements of its 4,800MW Medupi power station and 1,352MW Ingula pump storage schemes.
MOROCCO: Record consumption; NIGER: Kandadji deal; SOUTH AFRICA: Eskom signs first carbon credits deal; CONCENTRIX SOLAR: CPV pilot at South African game reserve
South African marketer Engen Petroleum Limited has signed share purchase agreements for Chevron’s downstream interests in seven countries in sub-Saharan Africa and the Indian Ocean.
CAMEROON: VOG promises Logbaba December delivery; EGYPT: New find for Dana Gas; GUINEA: Hyperdynamics starts 3D survey; MOZAMBIQUE: ENH backs into Sofala, M-10 blocks; MOZAMBIQUE: OGEC Cracow wins drilling contract; NAMIBIA: Universal Power wins licence extension; TUNISIA: Jenein Centre find; APACHE: Big fundraising, Egypt finds; KBR: South African BEE deal
Progress is finally being made on the regulatory front with regard to the ambitious Mmamabula thermal power generation project, according to sponsor CIC Energy Corporation. The scheme has been scaled back to a 1,200MW first phase from the originally planned 3,600MW amid uncertainty about South Africa’s offtake plans (AE 160/6; 152/7; 150/6).
Eskom aims to launch an international tender for its first large scale wind farm towards the end of this year or early in 2011.
Royal Dutch Shell, Vitol Group and Africa-focused private investment firm Helios Investment Partners have entered into exclusive negotiations for the potential joint acquisition by Vitol and Helios of equity in Shell’s downstream businesses in 19 countries in Africa.
Aranos Gas, a Namibian/South African joint venture between SADC Minerals and ASS Investments, has reportedly started drilling for coal-bed methane (CBM) in the Aranos area of Block 2419, in Namibia’s first non-conventional gas project.
DR CONGO: Kisangani grid tender; GABON: World Bank seeks power sector review; GHANA: Renewables tariff consultancy; MOZAMBIQUE: EIB funding for energy development; SENEGAL: Juwi installs PV plants; SENEGAL: Senelec seeks equipment, consultants; SOUTH AFRICA: World Bank support for IPP programme; SOUTH AFRICA: GE to supply Transnet
