Market News
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Big investors eying Kenya\'s energy sector meet Uhuru Kenyatta
Posted on :Tuesday , 14th July 2015
Kenya is a model investment destination in Africa, founder and CEO of the Virgin Group Sir Richard Branson said Saturday. Sir Branson made the remark when he led a group of investors in talks with President Uhuru Kenyatta at his Harambee House office. The meeting explored how to make the most of Kenya’s abundant potential for green energy.
Other investors. . ..jpg)
Scottish firm set to boost power generation in Africa
Posted on :Tuesday , 14th July 2015
The African Energy Commission has concluded and issued a provisional license to Aggreko plc to boost power generation in Ghana by putting up a power generating plant at Esiama, in Ellembelle District. The power plant is expected to generate between 40-50MW of power for a start and later augment its power production to 100MW for the next successive years.The Scottish power p. . ..jpg)
Viewing Lake Turkana Wind Power through Vision 2030 lens
Posted on :Monday , 13th July 2015
Construction of the Lake Turkana Wind Power project at Loiyangalani in Marsabit County, has kicked off with the inauguration by President Uhuru Kenyatta, last week.
The project, expected to inject 310 megawatts of sustainable clean energy, is a private sector flagship project of Vision 2030 — our long term development blueprint that aims to turn Kenya into a n. . .
Kenya Power monopoly at risk as firm vies for last-mile customers
Posted on :Monday , 13th July 2015
Kenya’s renewable energy sector is set for a boost in September when a solar microgrid company plans to become the country’s first licensed private utility to sell power to the public, ending a half-century monopoly by the State electricity firm.
Earlier this year, the Government granted Powerhive East Africa, an energy technology venture with its . . ..jpg)
Africa needs clean energy investment to get power to all - panel
Posted on :Friday , 10th July 2015
African governments should aim to increase power generation 10-fold to give all their people access to electricity by 2030, an effort that would require a big increase in investment focused on renewable energy, a panel of high-profile figures said.
Two in three Africans - around 621 million people - live without electricity, a situation worsening as the popula. . .Please Select an Option
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