Green Energy
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Green Energy
Top US Diplomat Leads Energy Investors' Visit to Dar
The Songas gas plant in Tanzania. Executives of leading US energy companies are scheduled to arrive in Tanzania on February 8 to explore opportunities for investing in power-generation and fuel-supply projects, a State Department official said on Saturday. Photo/FILE
Executives of some leading US energy companies are scheduled to arrive in Tanzania on February 8 to explore opportunities for investing in power-generation and fuel-supply projects, a State Department official said on Saturday.
The public-private energy trade mission is led by Johnnie Carson, the US assistant secretary of state for African affairs, and is co-sponsored by the Corporate Council on Africa, a grouping of American businesses with interests in Africa.
The delegation will discuss “specific challenges to the attraction of private investment for energy infrastructure projects,” according to a State Department briefing paper.
A series of talks with Tanzanian government officials is planned for the two-day visit, which is part of a larger trip that begins in Mozambique on February 6 and includes stops in Kenya, Nigeria and Ghana.
“Implementation of large projects is crucial to meet the two goals of addressing huge African generating capacity needs and providing the lowest per unit cost of electricity possible,” the State Department briefing adds.
“The historical impediments to such private sector involvement include uncertain legal and regulatory regimes, inconsistent support of cost reflective electricity pricing, and insufficient availability of long-term, limited recourse financing from private financial institutions.”
http://www.theeastafrican.co.ke/news/Top+US+Diplomat+Leads+Energy+Investors+Visit+to+Dar/-/2558/1320734/-/1gg14xz/-/index.html
- What Can Barack Obama’s “power Africa” Program Achieve?
Seven billion dollars is a lot of money—except when it goes into infrastructure. Then, $7bn, the sum that the US has committed to spend over the next five years on the Obama administration’s newly-announced Power Africa initiative, does...
- Tanzania Buys Majority Stake In Mtwara Plant
A gas plant in Tanzania. Picture: File By JOHN MBALAMWEZI (email the author) Posted Saturday, February 11 2012 at 17:07Tanzania and Canadian oil and gas company Wentworth Resource Ltd have reached...
- Tanzania: Energy Deals Faulty - Ewura
Dar es Salaam — Power production agreements that are not handled transparently are the reason for the recent problems in the energy sector.The poor outcomes, according to the Energy and Water Utility Regulatory Authority (Ewura), always result in frustrations...
- Invest More In Power Generation, Govt Urged-tanzania
The government needs to scale up investment in both new energy ventures and upgrade existing power generation and supply infrastructures to bring the nation’s ongoing power crisis under control. This was said by the Norwegian Ambassador to Tanzania,...
- Brazilian State Minas Gerais To Invest $324 Million In Solar Pv Projects
Article originally published in www.cleantechnica.com, on May 11th 2015Minas Gerais, the south-eastern state of Brazil, has announced that it will start auctions of solar photovoltaic power plants later this year.The state government recently announced that...