Developing nations need Sh13 trillion geothermal investment by 2030
- Details
- Category: Power & Energy
- Published on Saturday, 29 August 2015 04:57
- Written by Super User
- Hits: 2129
Kenya and Turkey have exceeded forecasts for harnessing geothermal energy, but other developing countries, including Indonesia and the Philippines, are lagging behind on leveraging the renewable power source, a new analysis shows.
If developing nations are to carry out the planned expansion of geothermal energy capacity, $133 billion (Sh13.7 trillion) needs to be invested in the sector by 2030, the Climate Policy Initiative (CPI) research group reported on Wednesday.
Meeting the target to build 23GW of geothermal capacity over the next 15 years (one GW is enough energy to power 750,000 homes) would require a 7- to 10-fold increase in funding from governments and development financing bodies, the CPI said.
Read more: Developing nations need Sh13 trillion geothermal investment by 2030
Kenya edges closer to adoption of nuclear power
- Details
- Category: Power & Energy
- Published on Tuesday, 25 August 2015 07:10
- Written by Super User
- Hits: 2178
You may soon begin using power generated from nuclear sources as Kenya engages speed gear in the establishment of a nuke plant.
The plan is set to diversify Kenya's electricity generation mix.
An 11-member team of experts from the International Atomic Energy Agency are in Nairobi for feasibility analysis on critical areas on the investment and advise the country accordingly.
Energy and Petroleum Principal Secretary Joseph Njoroge said the country’s population was growing fast and the available energy sourcing options were fast depleting hence the decision to go nuclear.
Meru County, Gulf Energy sign Sh36bn wind energy project
- Details
- Category: Power & Energy
- Published on Friday, 21 August 2015 04:40
- Written by Super User
- Hits: 2410
Meru County and Gulf Energy have entered into a joint deal to develop a 100-megawatt wind power plant.
The deal was reached last week when Meru County Investment and Development Corporation (MCIDC) and Gulf Energy signed an agreement in Nairobi represented by Mr Joel Imitira and Mr Francis Njogu respectively.
Meru Governor Peter Munya was also present during the signing.
The wind farm will cost $350 million (about Sh36 billion) and is expected to take about one-and-a-half years to complete. It will be located in Tigania East.
Read more: Meru County, Gulf Energy sign Sh36bn wind energy project
Firm sets up Africa’s largest biogas plant
- Details
- Category: Power & Energy
- Published on Saturday, 22 August 2015 05:05
- Written by Super User
- Hits: 2057
A Sh765 million biogas plant being set up in Naivasha will generate 2.2 megawatts of power when in operation.
Speaking at the commissioning of the project on Friday, Tropical Power managing director Johnnie McMillan said the new anaerobic digester (AD) will sell 50 per cent of its electricity to Gorge Farm and the balance to Kenya Power for hook into the national grid.
Mr McMillan said 50,000 tonnes of organic waste will be consumed per year by the plant.
“More than 35,000 tonnes output from the process could be used as rich, natural fertiliser to improve the crop yield for local farms,” he said.
Tea agency to pump Sh4.8bn in power plants
- Details
- Category: Power & Energy
- Published on Friday, 21 August 2015 04:35
- Written by Super User
- Hits: 2274
The Kenya Tea Development Agency plans to construct four hydropower plants at a cost of Sh4.8 billion to meet electricity demand at some of its factories.
The plants will cumulatively generate 10.9 megawatts of electricity that will power some of its tea factories while the excess will be sold to the government.
Speaking during a groundbreaking event at North Mathioya, Kenya Tea Development Agency (KTDA) chief executive officer Lerionka Tiampati said the company was keen on ensuring that its factories in tea-growing regions have access to alternative energy to help cut operation costs.
