Market News

 Symbion Power Lake Kivu Ltd, a subsidiary of American firm Symbion Power LLC has signed a 25-year power purchase agreement (PPA) with the Rwanda Energy Group (REG) for a 50 Megawatt (MW) methane gas to power project.   The official signing involved Symbion Power CEO Paul Hinks, REG CEO . . .

The Lake Turkana wind project will start generating power next year, Denmark Foreign Affairs minister Kristian Jensen said yesterday.   The project, funded by the Danish government, will contribute 310 Megawatts of wind energy to the national grid.   Jensen spoke at the World Trade Org . . .

THE Ministry of Mines and Energy has awarded a tender to construct a 35MW solar photovoltaic power station near Mariental to Alten Renewable Hardap, minister Obeth Kandjoze said this week.   Last year, the ministry issued a tender for the construction, operation and owning of solar PV power p . . .

 Japanese multinational Toshiba Corporation has concluded an MoU with the Tanzania Geothermal Development Company Limited (TGDC) to develop geothermal power in the East African nation geothermal simon pixabayTanzania has vast reserves of untapped geothermal energy, which Toshiba hopes to capit . . .

Kenya Power and Lighting Company has secured a Sh6 billion loan from the French Agency for Development (AFD) to finance expansion of the electricity distribution network.   The expansion, which will take place in Mombasa, Kisumu and Nairobi, is expected to boost KPLC's reliability and transla . . .