Market News
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President Kenyatta Encourages More Private Sector Investment in Power Projects
Posted on :Thursday , 1st February 2018
The President, Uhuru Kenyatta said Africa has a huge potential for green energy generation and transmission that the private sector should take advantage of for good returns while at the same time boosting people's access to energy.
President Kenyatta was speaking in Addis Ababa during a roundtable meeting as he wrapped up his official visit to Ethiopia that s. . .Kenya Off-Grid Power Firms to Benefit From Sh10bn Fund
Posted on :Wednesday , 17th January 2018
Kenyan firms producing off-grid power will be able to acquire capital from a new Sh10.3 billion fund that is being set up by the African Development Bank (AfDB) and a group of international financial investors.
The Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF), will provide local and hard currency loans to off-grid energy companies that . . .Kenya- First Phase of Menengai Power Plant Almost Complete
Posted on :Saturday , 2nd December 2017
Johnson Nchoe, Geothermal Development Company CEO Engineer says the first phase of the new power plant in Menengai is in the last stages of development.In 2015, Kenya injected 280 mw of geothermal energy to the national grid pushing up the installed capacity to 2,327 MW. Geothermal now contributes about 50 percent of electricity in the energy mix, hydro 3. . .Kenya- The Cheap Power Plans Going To Benefit Small Businesses
Posted on :Saturday , 2nd December 2017
Kenya Power has plans to connect small and medium enterprises to cheap power. The new power tariff, which large manufacturers have started enjoying, will reduce the cost of power by half when producing during off-peak hours.
The power retailer is expected to install smart meters on the premises of its SME customers, which will enable them to take advanta. . .Forum to Discuss Opportunities in Kenya�s Energy Sector
Posted on :Friday , 1st December 2017
Later this month, Kenya’s ministry of energy and petroleum will hold a two-day forum in Nairobi to discuss investment opportunities in the energy sector across the East African region.
The meeting which will be held from the 29th to 30th will be organized by Future Energy East Africa Conference and Exhibition will be attended by investors, policymakers, . . .Please Select an Option
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