Market News | Power & Energy Kenya 2025

Market News

  • Kenya Power tenders for Sh10bn street lighting

    Posted on :Friday , 19th December 2014

    Kenya Power will Tuesday begin the search for suppliers of street lighting material, bringing a Sh10 billion project to light up Nairobi closer to reality.

    The electricity distributor plans to install 54,029 street lights in several parts of the city. It has already received the first tranche of Sh381.2 million from the Treasury to kickstart the project.

    “Currently, busi. . .

  • Ormat Signs 25-Year Power Contract for Kenya Geothermal Project

    Posted on :Friday , 19th December 2014

    Ormat Technologies Inc. (ORA), a U.S. developer of geothermal energy, signed a 25-year agreement to supply Kenya Power & Lighting Co. with electricity from a 35-megawatt project.

    Ormat’s majority-owned Kenya unit will build and operate the Menengai power plant, according to a statement today from the Reno, Nevada-based company. Construction is expected to begin after financing. . .

  • Kenya gets Sh12bn from AfDB for new power connections

    Posted on :Friday , 19th December 2014

    The African Development Bank (AfDB) will lend the Kenya Government Sh12.2 billion to help pay for more than 300,000 new electricity connections. This follows the signing of a loan agreement Thursday by Treasury secretary Henry Rotich and AfDB Regional Director Gabriel Negatu to finance the implementation of the ‘Last Mile Electricity Connectivity’ project.

    President Uhuru Ke. . .

  • South Africa to announce 1,000 MW of renewable energy contracts

    Posted on :Thursday , 18th December 2014

     JOHANNESBURG - South Africa will announce a series of renewable energy projects on Monday that will add 1,000 megawatts (MW) of power into the country's constrained electricity grid.

    It is also committed to introducing renewable into its mix of power generation, 95 percent of which is coal at the moment.

    The so-called "Window 4" of its renewable energy bidding . . .

  • Kenya: Final Olkaria Project Phase Linked to National Grid

    Posted on :Thursday , 18th December 2014

    Nairobi — The Kenya Electricity Generating Company (KenGen) has connected the Olkaria I unit 5 to the national grid, paving the way for the completion of the 280 Megawatt geothermal power project.

    The unit, still being tested, is now feeding 52.5MW of electricity to the national grid and marks the final phase in what is seen as a major step toward significantly lowering the cost o. . .

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