UAE renewable energy company Masdar has announced on Friday the signing of an agreement with the Tanzania’s Tanesco an electric supply company limited, to develop renewable energy projects with a total capacity of two gigawatts.

Tanesco will develop renewable energy projects in the first phase with a capacity of 600 megawatts, including solar photovoltaic projects, and onshore wind energy, CEO of Tanesco Maharaj Chandi.

Chandi noted that his company will continue to cooperate in other projects to reach 2000 megawatts, adding that this agreement will make a major quantum leap in the development of the renewable energy sector in Tanzania.

The agreement reflects Masdar’s commitment to the Tanzanian market and support the achievement of the national goal of providing 5,000 megawatts by 2025, Abdullah Zayed the head of business development and investment at Masdar, added.

Zayed expressed his aspiration to work with Tanesco to develop these ambitious projects and support sustainable development.

The joint development agreement signed during the Tanzanian Energy Conference; under the agreement, Masdar and Tanesco will establish a joint company that will undertake the development of the project.

Tanzanian government is targeting an electrification rate for the entire country of 75 percent by 2035. - Nada Ali, Amwal Al Ghad

KAMPALA, Aug. 6 (Xinhua) -- Speaker of the U.S. House of Representatives Nancy Pelosi's visit to China's Taiwan region has a negative impact on China-U.S. relations and peace and stability across the Taiwan Strait, a Ugandan official has said recently, reiterating the country's firm adherence to the one-China principle.

"As far as Uganda is concerned, our position has been very clear," said Okello Oryem, Uganda's minister of state in charge of international affairs, noting that Uganda will continue to adhere to the one-China principle, the core of diplomatic relations between Uganda and China.

The West including the United States must stop its interference in China's internal affairs, he said, expressing support for the countermeasures China has taken to safeguard its national sovereignty and territorial integrity. - Xinhua

Photo Courtesy Guardian

Ofgem has confirmed that the energy price cap will be updated quarterly, rather than every six months, as it warned that customers face a “very challenging winter ahead”.

The energy regulator said reviewing the price cap for household bills every three months would allow it to “adjust much more quickly” to volatility in the market.

Ofgem raised the cap on the average dual-fuel tariff by 54% to £1,971 from April, the biggest increase since the cap was introduced in 2019.

Consumers have been warned they face another big hiketo just under £3,500 when the next cap – which comes into effect in October - is announced later this month.

Analysts at Cornwall Insight have predicted the price cap is on track to rise to £3,615 a year from January, piling further pressure on households as the cost of living crisis intensifies. By Guardian staff and agency