Zimbabwe’s government has approved a $230 million power deal between Zimbabwe Power Company (ZPC) and Indian firm WAPCOS Limited to upgrade boilers at three of the country’s thermal power stations, Energy and Power Development minister Elton Mangoma has said.
Swaziland Electricity Company has announced that it has instigated one hour load shedding blackouts on a rolling schedule.
Nigeria’s Bureau for Public Enterprises (BPE) has said that the preferred bidders for the assets of the Power Holding Company of Nigeria (PHCN) will be announced in October, and that it hopes this privatisation will help to alleviate chronic electricity shortages.
Cabeólica has inaugurated a 2.5 MW wind farm on Boa Vista Island, part of the Cape Verde archipelago.
Olusegun Aganga, Nigeria’s Minister of Trade and Investment, has announced that the Nigerian Federal Government will sign an MOU with Eletrobras of Brazil to enable Latin America’s largest power utility to build hydro power plants in Nigeria.
General Electric has agreed a memorandum of understanding with Nigeria for $10 billion of investment in new power plants, in which it will have a 10-15 per cent equity stake, a Nigerian power ministry spokesman has said.
Mozambique’s Hydro Caharo Bassa (HCB) has cut off electricity supplies to Zimbabwe over an outstanding $80 million debt. The move has forced Zimbabwe to intensify load shedding.
Europower of Belgium has announced that it has formed a strategic partnership with Sydney and Samuels International, a Nigerian IPP, to supply gensets to the Nigerian market.
On 8th February, executives of several leading US energy companies will travel to Tanzania for a two day visit in order to “explore opportunities for investing in power -generation and fuel -supply projects”, a State Department official has said.
Nigerian Government has said it will slow down its plan for establishing new power generating stations by 2014.