Electricity distributor Kenya Power has prepared a $2.17 billion (Sh219.1 billion) budget for the implementation of capital intensive projects in the next five years.   The utility firm, in its blueprint, states that the funds will be used to adequately supply power to 10.8 million customers by 2021, more than double the 4.8 million clients currently connected to the national grid.   Kenya Power's plan covers five key projects --.... Read more »

Posted on : Monday , 12th December 2016

Nairobi — The Kenya Electricity Generating Company (KenGen) plans to add 721Megawatts (MW) of electricity from geothermal and wind sources to the national grid in the next five years at a cost of Sh800 billion.   KenGen MD and CEO Albert Mugo, said the additional capacity was in line with the government's efforts to make power accessible and affordable.   He said the company has already secured some funding from development.... Read more »

Posted on : Friday , 2nd December 2016

Community engagement and the private sector participation will go a long way in accelerating energy access to rural areas where people are not connected to the national grid, experts have said.   They were speaking on Tuesday at the launch of findings from the feasibility study conducted by Energy Private Developers (EPD), an association of private energy providers, on how community participation can boost rollout of energy in rural.... Read more »

Posted on : Friday , 2nd December 2016

NAIROBI, KENYA: Kenya’s quest for cheaper power is beckoning with Sh70 billion Lake Turkana Wind Power (LTWP) project expected in the second quarter of 2016.   Speaking during the Power in East Africa Summit, Phylip Leferink, and General Manager of the project said he is happy with the progress in the transportation of turbines to the site from the port of Mombasa and by between May and June the firm will be ready to add more power.... Read more »

Posted on : Wednesday , 30th November 2016

Rwanda's efforts to increase power access to 70 per cent of all households in 2018 have been boosted by the signing of a $350 million (about Rwf291.6 billion) financing deal between lenders and YUMN Limited to develop an 80MW peat-fired power plant.   The project in Mamba Sector, Gisagara District will be funded by the Africa Finance Corporation, Finnfund, PTA Bank, Afrexim Bank, Development Bank of Rwanda, and Exim Bank of.... Read more »

Posted on : Tuesday , 29th November 2016

 Ministry of Mines, Petrol and Natural Gas has made public Ethiopia’s plan to harness 5,000 Mega Watts (MW) of geothermal energy by 2037.   The newly appointed Minister of the mnistry, Motuma Mekassa, said that Ethiopia is intensively working to developing renewable energy sources like geothermal energy and expand its partnership with other African countries while addressing the opening of the 6th African Rift Geothermal.... Read more »

Posted on : Friday , 25th November 2016

 Africa: a continent of vast natural resources is a continent woefully short of electricity. According to Mckinsey Global Institute's February 2015 report "Brighter Africa The growth potential of the Sub-Saharan electricity sector", access to electricity and the ability to consume electricity are two of the most crucial metrics that indicate the degree to which the power sector is supporting national development and the economic.... Read more »

Posted on : Friday , 25th November 2016

 South Africa has made huge strides towards creating a more renewable energy sector in a very short time, with an emphasis on wind power. Prior to 2015, South Africa was predominantly powered by thermal energy, in particular relying on coal plants. “Thermal power accounted for 87% of the total power installed capacity in South Africa in 2015,” explains GlobalData analyst Pavan Vyakaranam. “In terms of electricity.... Read more »

Posted on : Thursday , 24th November 2016

 Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business opportunities in the region. Over the past decade, Africa’s.... Read more »

Posted on : Thursday , 24th November 2016

 At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries. Africa has recorded an annual growth rate of 5 percent over the last decade and is expected to continue this trend in the coming years. Six out of ten fastest growing.... Read more »

Posted on : Wednesday , 23rd November 2016

 The Rwanda Energy Group is targeting to increase power output to at least 563MW by 2018 from the current capacity of 190MW and connect about 70% of households by 2020.   In East Africa, the chief executive officer at the Rwanda Energy Group (REG), Jean Bosco Mugiraneza, has stated that the utility seeks to upsurge power distribution and supply, as well as increase efficiency to meet increasing demand for electricity in the country,.... Read more »

Posted on : Wednesday , 23rd November 2016

 Ethiopia meets much of its energy demands from hydroelectric sources these days. Though 45,000 MW of hydro power potential under use at the moment, the demand for energy is increasing at a high rate. The growth in the demand is due to the ongoing industrial growth and rapid development. The fast economic growth of the nation calls for more energy even from other energy alternatives. Among the other alternatives that the country has not.... Read more »

Posted on : Wednesday , 23rd November 2016