Turkey’s Karpowership: Floating power plants seek anchor clients …Says it has reduced electricity costs in Ghana by 50%

The Istanbul-based company, Karpowership is shaking up the power sector on the continent, currently supplying electricity to six African countries and trying to add Morocco to its client list. The six African countries include Gambia, Ghana, Sudan, Sierra Leone, Guinea-Bissau, and Mozambique, the subsidiary is, according to experts, a game changer in the field. Founded…

Read More

Wärtsilä launches Modular Block solution for sustainable power generation

By Oke Peter Foremost technology group, Wärtsilä has launched a modular, reliable and efficient solution for sustainable power generation, with fast delivery and installation, Modular Block at the ongoing Africa Energy Forum (AEF) in Lisbon, Portugal. The Wärtsilä Modular Block power plant solution is a pre-fabricated, modularly configured, and expandable enclosure for Wärtsilä medium-speed 34SG…

Read More

ATI, KfW unveil renewable energy solution, Transparency Tool to aid electrification in Africa

The African Trade Insurance Agency (ATI) through its partnership with KfW, has launched a new renewable energy solution, the Transparency Tool on the sidelines of the premier global energy event for Africa, the African Energy Forum (AEF) in Lisbon, Portugal. The Transparency Tool is an on-line platform that works in tandem with another innovation created…

Read More

20 energy ministers, 2,500 delegates brainstorm as 21st Africa Energy Forum begins in Lisbon

By Oke Peter The 21st edition of the foremost global investment meeting for Africa’s power, energy, infrastructure, and industrial sectors, Africa Energy Forum (AEF) begins today at the Lisbon Congress Center, Lisbon, Portugal.  The four-day event commences with the Government opening ceremony with over 20 Ministers of Energy in attendance. According to the organiser of the…

Read More

Solar Impulse Foundation, European Investment Bank sign MoU on financing strategy

The Solar Impulse Foundation and the European Investment Bank (EIB) have signed a landmark agreement for the provision of financial advisory services to innovative environmental solutions part of the #1000Solutions portfolio. The advisory process, which helps companies structure their financing strategy, could ultimately lead them to access the EIB’s products, such as venture debt facilities…

Read More