Market News

 NAIROBI (Thomson Reuters Foundation) – Kenya is set to gain more wind farms as the East African country moves to increase and diversify its clean energy resources.     Nairobi-based company Bluesea Energy Ltd has announced it will begin producing 40 megawatts (MW) in the sec . . .

 Nairobi — "Kenya sits on the Equator making it a country that has the sun the whole year. But it is a paradox because you have less than 2 percent of solar power installations," muses Professor Izael Pereira Da Silva, Director of Energy Research Centre at Strathmore University.   . . .

 TANZANIA is endowed with a huge 4,000mw-cheap geothermal energy potential and the Vice-President, Dr Mohamed Gharib Bilal, has challenged geoscientists in the country and Africa to tap it for the betterment of the people.     The geothermal potential is about three times the exist . . .

 The Kenyan government is planning to scale up its wind power programme in the near future, planning to increase their own use of renewable energy as well as attempting to increase interest in wind power investment. A Kenyan governmental delegation has been touring Europe, visiting countries s . . .

THIKA (Xinhua) -- A Kenyan official said Sunday that the country plans to reduce the cost of electricity by 47 per cent in the next three years amid increased power generation from cheaper sources. Principal Secretary for Energy and Petroleum Joseph Njoroge said the electricity producer, Kenya Powe . . .