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Tag Archives: energy

Burkina Faso launches Sahel region’s largest solar power plant

Zagtouli, Burkina Faso | AFP | West Africa’s biggest solar power plant goes onstream on Wednesday as Burkina Faso, one of the world’s poorest countries, inaugurates a novel scheme to boost renewables and cut energy dependence on its neighbours. The 55-hectare (135-acre) plant at Zagtouli on the outskirts of the …

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Inside Umeme’s Shs47.5bn loss

  UMEME: Company fails to win court case against ERA, writes off Shs115.3bn from its balance sheet  Kampala, Uganda | JULIUS BUSINGE | Electricity distributor, Umeme Limited, recorded a first ever loss since it listed its shares on the Uganda Securities Exchange and the Nairobi Secures Exchange five  years ago. …

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UK wind electricity cheaper than nuclear: data

London, United Kingdom | AFP | The price of electricity from offshore wind in Britain has dipped below the level guaranteed to Hinkley Point, raising questions about the construction of the vast nuclear power station. The Department for Business, Energy and Industrial Strategy disclosed Monday the results of auctions for state …

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Pakistan PM opens country’s fifth nuclear power plant

Islamabad, Pakistan | AFP | Pakistani Prime Minister Shahid Khaqan Abbasi on Friday inaugurated the country’s fifth nuclear power plant, developed in collaboration with China amid hopes that his government could end chronic power shortages this year. Pakistan is one of the few developing countries pursuing atomic energy in the wake …

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Total sells Norwegian assets to Kuwait

Paris, France | AFP | French oil giant Total said Monday it has agreed to sell its remaining stake in a Norwegian oil field to Kuwait so that it can focus on its recent acquisition of Denmark’s Maersk Oil. “Total has signed an agreement to divest its remaining 15-percent interest in …

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