Market News

  • Nakuru in Kenya becoming a promising energy hub with geothermal in key role

    Posted on :Monday , 7th September 2020

    The county of Nakuru in Kenya has been positioning itself as a promising energy hub with various projects initiated by the national government of the country.

    Drilling for the Olkaria I Unit 6 project is about 19% complete, according to local county commissioner. The commission of the project is expected after 2021, while KenGen is still targeting an additional 720 MW of geothermal power. . .

  • Kenya reveals Sh540bn nuclear power plant in Tana River

    Posted on :Wednesday , 19th August 2020

    Kenya is set to build a $5 billion (Sh540 billion) nuclear power plant on a site in Tana River County over the next seven years with funding from private investors.

    The Kenya Nuclear Electricity Board (KNEB) in a regulatory filing with the National Environment Management Authority (Nema) revealed that the plant with an initial capacity of 1,000 megawatt (Mw) plant would be constructed thr. . .

  • Kenya on course for $5 billion nuclear plant to power industry

    Posted on :Friday , 7th August 2020

    Kenya's nuclear agency submitted impact studies for a $5 billion power plant and reported that it's on course to construct and start operating the facility in about 7 years. By 2030, the country is scheduled to have installed 4 GW of nuclear energy, which will enable it to generate 19 % of its energy consumption tally.

    The Government plans to multiply its nuclear-power capacity fourfold . . .

  • leading construction works at Kipeto wind power project in Kenya complete

    Posted on :Thursday , 11th June 2020

    The major construction activities at the Kipeto Wind power project located at Esilanke area on the foothills of Ngong Hills in Kajiado county of Kenya has been completed following the completion of the installation of all the 60 wind power turbine generators by the US multinational General Electric (GE).

     

    The Kipeto wind power plant is expected to have a capacity of 100MW and . . .

  • Kenya Power signed 20-year Power Purchase Agreement (PPA) with Lamu Farm

    Posted on :Monday , 17th February 2020

    Kenya Power has signed a 20-year Power Purchase Agreement (PPA) with a Lamu-based wind power company.
     

    The wind farm is owned by Baharini Wind Power Company which is backed by Belgium’s Elicio Company and Kenya’s Kenwind Holdings Limited.

    The initial plan includes setting up 38 wind turbines which will produce 90 megawatt (MW). The win. . .

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