ENERGY
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National Oil Names Rubis Energy Kenya as Strategic Partner
The National Oil Corporation of Kenya Ltd (NOC) has entered into a strategic partnership with RUBiS Energy Kenya, marking a significant milestone in the enhancement of Kenya’s oil and gas sector. This collaboration follows the successful completion of the Specially Permitted Procurement Procedure (SPPP) for a non-equity strategic partner, in compliance with the Public Procurement and Asset Disposal Act, 2015…
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AfDB, Eritrea Ink Agreement for 12 MW Mini-Grid Project
The African Development Bank Group (AfDB) and Eritrea have signed an agreement for $19.5 million in grant funding for the Desert to Power Eritrea 12MW Mini Grid Project. Eritrea’s Minister of Finance and National Development, who is also the Bank Group Governor for the country, Dr. Ghiorghish Teklemichae, signed on behalf of the government during a 10 March signing ceremony.…
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International Youth Forum on Sustainable Nuclear Tech Begins in Egypt
The International Youth Forum for Sustainable Nuclear Technologies has been held in Alexandria recently. It has gathered more than 300 young professionals, students, and world leaders from 25 countries, including South Africa and Turkey. The event has been organised by the Nuclear Power Plants Authority of Egypt (NPPA) in partnership with Rosatom. The speakers of the Forum were Rafael Grossi,…
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Electricity Demand in Kenya Hits a New Record High of 2,316 MW
Electricity consumption has hit a new record high with a peak demand of 2,316 MW recorded on Wednesday, 12th February 2025. This demand is 12 MW higher than the previous peak of 2,304 MW recorded on 15th January 2025. Statistics from Kenya Power’s National Control Centre show that peak electricity demand has been steadily growing over the last 3 years…
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EPRA To Inspect Energy Facilities Under New Mandate
The Energy and Petroleum Regulatory Authority (EPRA) will soon begin a nationwide inspection of energy generation facilities following approval from the International Tracking Standard Foundation (I-TRACK Foundation). In a statement, the I-TRACK Foundation Board approved EPRA as the local issuer of the International Renewable Energy Certificates (I-REC(E)) in Kenya. EPRA confirmed that in this new role, the authority has the…
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German cleantech startup SpotmyEnergy raises €10.5m seed funding to accelerate energy efficiency for households
German energy startup SpotmyEnergy has secured fresh capital amounting to €10.5 million in a seed financing round. The round was led by Norrsken VC, the investment arm of the renowned Swedish Norrsken Foundation. Additionally, Vorwerk Ventures joins as a new investor alongside existing investor Picus Capital. The new funds will be used to meet product demand and further expand the…
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The Nuclear Science and Technology Centre to be planned in Ethiopia
Rosatom signed a contract to develop a feasibility study for the construction of the Nuclear Science and Technology Centre in Ethiopia One of Rosatom’s subsidiary companies and the Ministry of Innovation and Technology of Ethiopia has signed a contract to develop a feasibility study for Nuclear Science and Technology Centre (NSTC) in Ethiopia. “We are working with our foreign partners…
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The Egypt’s nuclear power plant is one step closer to the launch
Works for the installation of the core catcher of El-Dabaa NPP Unit 4 in Egypt has recently started. The General Designer and General Contractor of the NPP is Rosatom Engineering Division. The core catcher is a part of the passive safety system, designed to prevent the release of radioactive substances into the environment in the event of a severe accident…
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[BREAKING] Kenya Cancels Controversial KSh95.68 Billion Power Deal With Adani
Kenya has cancelled the controversial KShs 95.68 Billion (USD 736m) deal with Adani Energy Solutions for the development of transmission lines and sub-stations. The cancellation comes just a few hours after Gautam Adani was charged with fraud in the US. Adani has been accused of orchestrating a $250m bribery scheme and concealing it to raise money in the US. In October,…
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Oslo-based Glint Solar closes $8m to accelerate global solar power adoption
Oslo-based solar developer software Glint Solar, has secured $8 million Series A funding round led by Smedvig Ventures with participation from Momentum, Futurum Ventures, and Antler. The solar power industry has seen record growth over the last few years, with the annual global solar PV capacity increasing by 87% between 2022 and 2023. However, more still needs to be done to…
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