Market News

  • Power and Energy Kenya 2018- In The Land of Opportunities

    Posted on :Monday , 30th October 2017

     Kenya has a vibrant power generation sector that holds a lot of promise. The sector comprises both private, public and government participation. A small but successful Independent Power Producers (IPP) procurement programme has been running since the mid-1990s when Kenya Power and Lighting Company (KPLC) started to procure power from IPPs. The major supplier to the country, however, remai. . .

  • Hyacinth Power Plant to be constructed by Local Kenyan Firm

    Posted on :Wednesday , 8th November 2017

     An eight-megawatt power plant is to be built in Homa Bay County by a local firm using water hyacinth from Lake Victoria.

     
    The company Homa Bay Biogas One Ltd is awaiting permission from the Energy Regulatory Commission (ERC) to move forward with the plant. The company hopes to utilize the waterweed that regularly engulfs the lake and use it transform it to biog. . .

  • Kenya Power- Network Expansion To Cost Ksh 40B

    Posted on :Monday , 30th October 2017

     Over the next three years, Kenya Power is targeting to increase its customers to 7.5 million, plans to commercialize its fiber optic cable to generate some of the cash to finance the power network expansion.

     
    The total installed capacity currently stands at 2333MW bolstered by intense geothermal generation while peak demand is 1,656MW.
     
    . . .

  • Company From China To Build Geothermal Plants in Kenya

    Posted on :Monday , 30th October 2017

     Kenya has permitted the largest Chinese manufacturer of rock drilling equipment to build and explore geothermal power plants in the country.

     
    Kaishan Group secured the contract to drill steam wells in the Suswa south-Magadi-Shompole steam fields, in Narok County.
     
    The license that the company received gives it the leeway to sink ex. . .

  • Kenya Close to Achieving Major Price Cuts in Power Supply

    Posted on :Friday , 27th October 2017

     An auctioning program is set to cut power costs for Kenyan consumers. Power in Kenya is currently provided by PV firms and this news of price cuts will no doubt please the Kenyan population.

     
    The utility firm’s managing director, and CEO, Dr. Ken Tarus has predicted a decrease in the cost incurred by Kenya to purchase power from across foreign borders fro. . .

  • A Million More Homes To Gain Access To Power in Kenya and Uganda

    Posted on :Thursday , 12th October 2017

     One million homes in Kenya and Uganda will gain access to electricity, thanks to a number of investors’ raisings Sh 8 billion in collaboration with the UK government to finance a new solar project. 

     
    Kenya based solar kit reseller, M-KOPA Solar announced that the initial payments were made through Dutch Development Bank FMO (Sh 1.3 billion), UK Inves. . .

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