Market News
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Kenya Power�s guidelines lures global brands
Posted on :Wednesday , 12th October 2016
The pragmatic decision we took in early 2010 to buy 80 per cent of all equipment and materials needed for electricity distribution locally is paying off.
It is good to note that a number of international companies dealing with manufacturing of meters, transformers, steel structures and prefabricated items have expressed interest in setting up local factories. . . .UK and Kenya push onward with green power
Posted on :Tuesday , 11th October 2016
Kenyan energy firms have met with British investors to secure investment in the growing renewables sector.
The UK-Kenya Renewable Energy Conference in Nairobi hosted around 100 company representatives from both countries to help accelerate the availability of affordable power.It follows the Memorandum of Understanding signed by . . .Tanzania secures $259 mln funding for power grid link with Kenya
Posted on :Tuesday , 11th October 2016
Tanzania has secured $258.82 million from the African Development Bank and the Japan International Cooperation Agency for a high voltage electricity line to connect its national power grid to Kenya's, its power utility said on Sunday.
The 400 kilovolt (kV) line will be completed within two years and is part of efforts to deepen integration between the two countries' economies, Tan. . .
EU gives out Sh13.9 billion for geothermal generation
Posted on :Friday , 7th October 2016
The European Union has donated about Sh13.94 billion (123 million euros) for geothermal exploration in Kenya, head of European Investment Bank Catherine Collin has said.
Speaking yesterday during a site-visit to Olkaria VI in Naivasha , Collin said the bulk of the funds will expand the 70-megawatt project whose works are set to begin in January.&n. . .UK firms eye Sh64bn deals in green energy
Posted on :Friday , 7th October 2016
British investors are targeting projects worth about £500 million (Sh64.47 billion) in renewable energy sector, UK prime minister's trade envoy to Kenya and Tanzania Clive Hollick has said.
The projects are mainly in solar, wind and biomass power, areas where the country has underperformed.The investors include Nova Energy. . .Please Select an Option
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