Govt Seeks Coal Power Plant Investors
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- Category: Power & Energy
- Published on Saturday, 22 March 2014 07:03
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The government is seeking experienced private investors to develop a 900-1000 Megawatts (MW) coal fired power plant in Kitui under an Independent Power Producer framework. The Ministry of Energy and Petroleum says the investor will be involved in developing the plant and selling power under a Power Purchase Agreement.
The Kitui power plant is expected to be constructed by December 2016 and will use coal from Mui Basin. The project is part of the government's ambitious plan to raise the power generation capacity by 5000MW by 2016.
Kenya to build first nuclear plant by 2025
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- Category: Power & Energy
- Published on Saturday, 22 March 2014 06:58
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Kenya has announced that it will build a 1,000 MW nuclear plant worth US$3.5bn by 2025 to support the country’s growing energy needs
William Ruto, deputy president of Kenya, said, “I have no doubt that Kenya will successfully implement its nuclear power programme safely and efficiently, borrowing from best practices in countries that have embraced and used the technology successfully for many decades.â€
The plant is expected to be built near the country's Lake Victoria coastline, according to The Star.
Kenya Gets Funding for Kinangop Power
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- Published on Sunday, 29 December 2013 15:46
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The African Infrastructure Investment Fund 2 ("AIIF2") and Norfund, the Norwegian Investment Fund for Developing Countries, achieved financial close of the 60.8MW Kinangop Wind Park project in Kenya.
Kinangop Wind Park is the first independent large-scale wind farm in East Africa and a landmark transaction for both the African power sector and the project finance market.
Kinangop Wind Farm in Kenya to Be Powered by 38 GE Wind Turbines
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- Category: Power & Energy
- Published on Sunday, 29 December 2013 15:52
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The Kinangop Wind Farm in Kenya, developed by Aeolus Kenya and constructed by Iberdrola Engineering, will be powered by 38 GE (NYSE: GE) 1.6-megawatt (MW) wind turbines. The Kinangop facility will be one of the largest wind power generation projects to be built to date in sub-Saharan Africa. Following its commissioning, the 61-MW wind farm will generate enough renewable electricity to power the equivalent of 150,000 homes in the country.
Read more: Kinangop Wind Farm in Kenya to Be Powered by 38 GE Wind Turbines
Sh3 Billion Set Aside for Power
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- Category: Power & Energy
- Published on Sunday, 29 December 2013 15:42
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About 330,000 customers will benefit from a five year Sh3.3 billion project that will avail credit to clients who require financing for electricity connection.
In the published annual report for 2013, Kenya Power acting managing director and CEO Ben Chumo said 44,000 customers have already benefited from a Sh450 million revolving fund pilot loan facility that was supported by French Development Agency.
