Market News | Power & Energy Kenya 2026

Market News

  • Tehran, Nairobi Mull Energy Cooperation

    Posted on :Monday , 26th September 2016

     Oil Minister Bijan Namdar Zanganeh said the implementation of the accord between Iran and major powers, formally called the Joint Comprehensive Plan of Action, has paved the way for promoting Tehran-Nairobi relations that are of high importance to Iran.

     
    Zanganeh made the statement after meeting Kenyan National Assembly Speaker Justin Muturi in Tehran on Sunday. . .

  • KenGen bets on modular power plant technology

    Posted on :Saturday , 24th September 2016

     Kenya Electricity Generating Company (KenGen) has announced commencement of bids for the construction of modular geothermal power plants at Olkaria. According to KenGen, the construction of the plant will reduce over reliance on hydroelectric power generation.

     
    The new system will also cut the costs of generation. Modular power plant will generate power using a. . .

  • Kenya receives Sh700m in grants for energy sector

    Posted on :Friday , 23rd September 2016

     The Energy sector received a major boost yesterday when US President Barack Obama's government gave Kenya grants worth Sh700 million for green energy projects.

     
    Speaking at the signing ceremony witnessed by Obama, Deputy President William Ruto said the money will be used to fund clean energy projects in the country.
     
    "We have . . .

  • More than $1 billion in Power Africa commitments finalized - USAID chief

    Posted on :Thursday , 22nd September 2016

     More than $1 billion in debt and financing commitments from U.S. agencies and private investors is set to be announced on Wednesday for U.S. President Barack Obama's signature Africa energy initiative, Power Africa, a top USAID official said.

     
    The latest deals were finalized around a U.S.-Africa business forum on the sidelines of annual U.N. meetings in New Yor. . .

  • Kenya Power honoured for its low-cost electricity project

    Posted on :Thursday , 22nd September 2016

     Kenya Power has been named the most innovative firm at the African Investor's CEO Institutional Investment Summit awards for its aggressive electricity project targeting humble households.

     
    Kenya Power's World Bank-funded Global Partnership on Output-Based Aid project connects low-end customers primarily those in the rural areas and informal settlements with el. . .

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