Market News

 Kenya has invited bids for construction of two new geothermal plants as part of the country's plan to boost electricity production by 5000MW in three years. The new plants, with a capacity of 60MW, will be completed by the end of 2014 and is part of several projects designed to tap into Kenya . . .

Nine energy transmission projects valued at above US$4bn have been identified in the Southern Africa region for promotion and marketing. These nine projects are in different stages of development according to the report released in the 34th Summit of SADC in Victoria Falls in Zimbabwe. The projects . . .

 Nairobi — The Government has said that one million people will be connected to the national power grid by the end of this financial year in its plan to connect over 70 percent of the population by 2017.     In the last financial year, over 400,000 customers were connected to . . .

Alten Kenya Solarfarms is expected to set up a 40MW solar plant in Kesses, Uasin Gishu county Kenya. The solar plant will be located on a 371 acre piece of land in Kesses near Moi University, Eldoret. The project is expected to cost around US$10m for infrastructure development alone. The project is . . .

Rwanda is seeking to use the forthcoming iPAD Rwanda Power and Infrastructure Investment Forum to woo investors for its energy and infrastructure sectors.   Amb. James Kimonyo, the Director for Cabinet in the Office of the Prime Minister, said the summit will provide an investment platform fo . . .