Kenya ranked eighth largest global geothermal producer
The injection of additional 280 megawatts produced in Olkaria to the national grid in December has lifted Kenya’s global ranking as the eighth largest producer of geothermal energy, a new study shows.
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.
The US remains the world’s top geothermal producer with an installed capacity of 3,389 MW – nearly six times Kenya’s output – followed by Philippines (1,894MW), Indonesia (1,333MW), Mexico (980MW) and Italy is fifth with 901MW of steam power. New Zealand is graded sixth with 895MW ahead of Iceland (664MW).
Power Nigeria Exhibition To Open This Week
Power Nigeria to provide platform for the latest product launches as power capacity in the country is set to increase to 135 GW by 2030
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Lagos, Nigeria, 26October, 2014:One of Nigeria’s leading power exhibition’s, dedicated to the burgeoning African power industry, opens in Lagos this week (28 October). The exhibition takes place following the Federal Government’s announcement that the country requires consistent investment in tothe power sector to ensure generation capacity of 135,000 megawatts (mw) is met by 2030.
AfDB lends $145m to construct regional power line
NAIROBI — The African Development Bank (AfDB) has approved a $145m loan to fund the building of an electricity line between Kenya and Tanzania to improve regional power connections, it said.
East Africa has some of the fastest-growing economies on the continent but electricity shortages deter investment, pushing up business costs and sustaining poverty and inequality.
Camac Energy Granted Clearance For Oil Exploration In Kenya
Johannesburg and New York-listed oil explorer, CAMAC Energy, on Wednesday said CAMAC Energy Kenya had granted seismic contracts for the acquisition of 2D seismic surveys on Block L1B onshore Kenya and Block L16 partly onshore and partly offshore Kenya.
Both deals are on condition of further negotiations and the official endorsement of a final settlement for the provision of seismic services, CAMAC said on Wednesday.
