Market News

  • Kenya: Energy Ministry to Build Cow Dung Biogas Plants in 20 Counties

    Posted on :Tuesday , 23rd May 2023

    The Ministry of Energy is looking to build domestic masonry biogas plants using cow dung in 20 counties.


    In a tender document, the Ministry has invited bidders for the construction, testing, and commissioning of the projects.


    They will be built in devolved units such as Nyamira, Kisii, Uasin Gishu, Laikipia, Homabay, Kakamega, Tharaka Nithi, Narok, and Nand. . .

  • Kenya: Germany Commits to Fund Kenya's Transition to 100% Renewable Energy

    Posted on :Tuesday , 23rd May 2023

    Germany has committed to offer both financial and technical support to Kenya to enable the country meet its target of achieving 100 % transition to renewable energy by the year 2030.

    Germany Chancellor Olaf Scholz praised Kenya for its strong leadership and investments in geothermal energy, noting that will go a long way in helping the country in its climate change adaptation pl. . .

  • KENYA: Finnfund Sells Its Stake in the 310 MW Lake Turkana Wind Farm

    Posted on :Friday , 24th March 2023

    The Finnish Fund for Industrial Cooperation (Finnfund) is selling its shares in Lake Turkana Wind Power (LTWP), the special purpose company that operates the 310 MW Lake Turkana wind farm. It is the 2nd shareholder to withdraw from East Africa's largest wind project.


    News about the Lake Turkana wind farm in Kenya. One of the project’s shareholders, the Finn. . .

  • KENYA: Japan’s Toyota Wins Menengai Geothermal Power Plant Contract

    Posted on :Tuesday , 28th February 2023

    British independent power producer (IPP) Globeleq has awarded Toyota Tsusho Corporation the contract to build the Menengai geothermal power plant in Kenya. The Japanese company will start construction in the first quarter of 2023.


    The Japanese company Toyota Tsusho Corporation has been appointed to execute the engineering, procurement and construction (EPC) contract for the g. . .

  • Kenya's Ambitious Hydrogen Deal & Plan to Help Africa Exploit Green Energy

    Posted on :Wednesday , 25th January 2023

    Kenya recently inked a deal with an Australian firm to establish a green hydrogen and ammonia plant, kick-starting the country's plan to utilise green energy across the continent.


    The industrial-scale production of green hydrogen and ammonia will be vital in making clean, affordable fuel and fertiliser for Africa. Further, it will help Kenya, which is already leading a geothe. . .


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