Market News

 A consortium led by two Kenyan firms won a government tender to build a 1 000-MW, coal-fired power plant, company officials said on Tuesday, part of moves to satisfy rising demand for energy in East Africa's biggest economy.Kenya suffers from regular blackouts due to supply shortfalls and an a . . .

 Kenya's wind energy capacity is considerable; the United Nations Environment Programme (UNEP) has estimated it could reach 3,000 Megawatts (MW), more than double the current national demand. Northern districts like Turkana and Marsabit have the greatest potential, and wind farm construction he . . .

 KENYA Power is working with various financial institutions to give loans that will assist people to pay for new connections.   The firm's managing director Ben Chumo said it already has deals with locals banks such as National Bank, Jamii Bora bank, Equity bank and its own Stima loan fo . . .

 Kenya and Tanzania are to float a tender in September for the construction of a transmission line capable of transferring 2,400MW of electricity.   The 400 kilovolt high voltage overhead transmission line is expected to cover about 510 kilometres from Isinya in southern Kenya to Singida . . .

 Africa has the potential to be a leader in the energy storage space, says Basil Read Energy director, Ian Curry. “We have to go for this distributed power generation solution, [while] accommodating storage. Storage is a technology and an industry that is coming into maturity and Afric . . .