Sub-Saharan Africa's Clean-Energy Market

China National Machinery Industry Corp, a State-owned enterprise often called Sinomach, hassigned a memorandum of understanding with United States-based giant General Electric Co to help further develop Sub-Saharan Africa's clean-energy market.

The two have already identified a 102 megawatt wind power farm in Kipeto, a city 50 kilometersto the south of the Kenyan capital Nairobi, as a long-term pilot program for their futurecooperation.

The sides said they will assist each other in obtaining third-party, long-term financing or providethe capital themselves for project development.

The Kipeto farm is being run as part of the Power Africa campaign, a US government-ledinitiative which brings together private and public organizations from around the world to work inpartnership to raise power supply levels across the continent.

Sinomach is mainly involved in machinery equipment research and development and projectcontracting. It will be the main contractor of the joint project, while GE will provide generators,machine parts, technological support and training, and up to 60 wind-driven generators.

Total investment in the Kipe-to project is $210 million, much of which will come from Over-seasPrivate Investment Corp, a US public agency that mobilizes development capital for private firms.

"Our collaboration with GE in African power-infrastructure construction, and in other emergingmarkets, shows a new kind of cooperation between Chinese and US companies," said RenHongbin, chairman of Sinomach.

Rachel Duan, president and chief executive officer of GE Greater China, called the US firm areliable partner for Chinese infrastructure equipment manufacturers, in their "going global"efforts.Shared by KOSUN: http://www.kosunsolidscontrol.com/product-accessories/shale-shaker-screen.html