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Market News

  • Kenya\'s Largest Geothermal Power Complex Starts Commercial Operation

    Posted on :Friday , 27th February 2015

     Kenya Electricity Generating Company Ltd. awarded a full turnkey contract for Olkaria I and IV to a consortium of Korea’s Hyundai Engineering Co., Ltd. and Japan’s Toyota Tsusho Corporation (Tokyo:8015) in 2011. Toshiba, selected by Hyundai Engineering to provide key equipment, supplied four 70-megawatt turbines and generators for the plant in 2013. Olkaria IV started commerci. . .

  • Kenya ranked eighth largest global geothermal producer

    Posted on :Saturday , 21st February 2015

    In Summary

    - Kenya’s installed steam power capacity now stands at 579MW, ahead of giant economies such as Japan, Russia, China and Germany – according to a study presented to the World Bank by state-owned KenGen.
    - Kenya has the potential to produce 10,000MW of geothermal power from the Rift Valley basin, studies by the Ministry of Energy show.
    - Geother. . .

  • Vestas supply wind turbines for Kenya�s wind farm; firm�s largest single order

    Posted on :Friday , 20th February 2015

     Vestas has supplied 365 wind turbines that will see Kenya’s Lake Turkana Wind Power Project (LTWP) give off 310 megawatts. The order becomes the largest single order for the company. The wind power project was commissioned in March 2014. It is estimated to cost US$ 766.6m and expected be the largest wind farm in Africa. It will be constructed on a 40,000 acres, and construction was . . .

  • World�s first submarine cable to connect Africa and L. America

    Posted on :Friday , 20th February 2015

     World’s first submarine cable is set to be constructed in Angola across the South Atlantic with NEC Corporation as the system supplier.

     
    According to Angola Cables S.A, a contract for the project that will see Angola and Brazil connected via cable has been signed.
     
    This will see a direct link between the African continent to . . .

  • Kenya to begin selling power to Rwanda in 2015

    Posted on :Tuesday , 17th February 2015

     Kenya will begin to export power to Rwanda to help the latter meet its increasing demands for low cost electricity. This follows the signing of a power trade deal on Tuesday this week for construction of a 220kv power line from Kenya to Rwanda.

     
    Kenya will start the sale of 30 MW of power from July next year according to the Power Purchase Agreement. Rwanda wil. . .

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