Market News

KENYA will export power to Rwanda from next year to help the country meet its growing demand for electricity at lower costs.   The two East Africa Community member states yesterday signed the power trade deal in which a 220 KV line will be built from Kenya to Rwanda through Uganda to transmit . . .

  The Delegation of German Industry and Commerce Kenya organized the “Kenyan/ East African –German Conference on Solar PV”, held at the Southern Sun Mayfair on the 29th October. The Kenyan Ministry of Energy and Petroleum co-hosted this event.   During the conferenc . . .

International wind energy leader Vestas Wind Systems has announced that it has received an order to provide wind turbines for the 310 MW Lake Turkana Wind Power project in Kenya, Africa — a project that Vestas claims will be the largest wind power project in Africa upon completion. . . .

Kenyan President Uhuru Kenyatta has just opened the world’s largest single turbine geothermal power plant, which will add 140 Megawatts (MW) to the country’s national electricity grid. The project is viewed as a major boon for development initiatives and poverty reduction in Kenya and is . . .

 Nigeria has received a green loan facility from the German Development Bank (KFW) worth $200 million to develop her small scale renewable energy sector, This Day reports. The loan is aimed at development of renewable energy sources and other energy efficiency projects.   This was disclo . . .