N e w s

Sh47 Trillion Carbon Trading Investment A Boost for Tanzania

Producing and selling carbon offsets is finally becoming a lucrative business in Tanzania, with the government reported to have attracted over 20 companies that are set to invest over US$ 20 billion (Sh46.9 trillion). Minister of State in the Vice President's Office (Union and Environment), Dr Selemani Jafo, said since the regulations and guidelines on carbon trading were adopted last October the investment has attracted more than US$ 1.... Read more »

Posted on : Thursday , 3rd August 2023

Kenya: Construction of 35-Megawatt Menengai Geothermal Power Project Starts

The government broke ground on the construction of a 35- MW Menengai Geothermal Power Plant in Nakuru County as it seeks to grow clean energy sources. The project was officially opened by Deputy President Rigathi Gachagua on 9th June. President William Ruto's administration is betting on geothermal power sources to transition the country to a 100% transition to green energy amid climate change. "This will contribute to lowering.... Read more »

Posted on : Thursday , 29th June 2023

Kenya, Tanzania to Establish $309 Million Electricity Transmission Line by Year-End

• Kenya and Tanzania to establish a $309 million electrical transmission line for importing and exporting electricity.   â€¢ The transmission line will have a transfer capacity of 2,000 megawatts, enabling the two countries to share excess power.   â€¢ The completion of the Kenya-Tanzania connection will also facilitate the exchange of power between electrical pools in East and Southern Africa, promoting regional energy.... Read more »

Posted on : Monday , 14th August 2023

Kenya: Energy Ministry to Build Cow Dung Biogas Plants in 20 Counties

The Ministry of Energy is looking to build domestic masonry biogas plants using cow dung in 20 counties. In a tender document, the Ministry has invited bidders for the construction, testing, and commissioning of the projects. They will be built in devolved units such as Nyamira, Kisii, Uasin Gishu, Laikipia, Homabay, Kakamega, Tharaka Nithi, Narok, and Nandi. Others include Migori, Nyandarua, Nyeri, Kirinyaga, Bomet, and Bungoma,.... Read more »

Posted on : Tuesday , 23rd May 2023

Kenya: Germany Commits to Fund Kenya's Transition to 100% Renewable Energy

Germany has committed to offer both financial and technical support to Kenya to enable the country meet its target of achieving 100 % transition to renewable energy by the year 2030. Germany Chancellor Olaf Scholz praised Kenya for its strong leadership and investments in geothermal energy, noting that will go a long way in helping the country in its climate change adaptation plans. Chancellor Scholz who was speaking during his visit.... Read more »

Posted on : Tuesday , 23rd May 2023

TANZANIA: $276 million from the AfDB and AFD for the Kakono hydropower plant (88 MW)

In Tanzania, the Kakono hydropower project is on track. The French Development Agency (AFD) and the African Development Bank (AfDB) have confirmed their financing of US$ 120.7 million and US$ 116 million respectively. The loans, which will be repaid by the Tanzanian government over 17 years, will be used to build a run-of-river power plant with a capacity of 87.8 MW. The Kakono hydropower scheme also benefits from a US$ 39.5 million grant.... Read more »

Posted on : Friday , 21st April 2023

Ethiopia Gains USD 39.73 Million in a Month from Power Export to Kenya

Ethiopia provided 58.01 percent of Kenya’s January import of electricity. The drought in Kenya forced the country to import a record 68.48 kilowatt-hours of power due to reduced local hydro-power generation. Ethiopia was able to gain USD 39.73 million from the export. Kenya started importing power from Ethiopia in November last year after the 2 countries entered a 3 year power purchase agreement for 25 years. The price of 1KW is agreed to.... Read more »

Posted on : Friday , 21st April 2023

Tanzania: AfDB Pumps 374.9bn/ - Loan for Kakono Power Project

THE government has signed a loan agreement of 161.47 million USD with the African Development Bank (AfDB), to implement Kakono Hydropower Project (Kakono HPP). The approximate cost of execution of the Kakono HPP is 325 million USD. Speaking during the signing ceremony in Dar es Salaam on 16th March, Minister for Finance and Planning, Dr Mwigulu Nchemba said the overall development objective of Kakono HPP is to increase on-grid energy.... Read more »

Posted on : Friday , 24th March 2023

KENYA: Finnfund Sells Its Stake in the 310 MW Lake Turkana Wind Farm

The Finnish Fund for Industrial Cooperation (Finnfund) is selling its shares in Lake Turkana Wind Power (LTWP), the special purpose company that operates the 310 MW Lake Turkana wind farm. It is the 2nd shareholder to withdraw from East Africa's largest wind project. News about the Lake Turkana wind farm in Kenya. One of the project’s shareholders, the Finnish Fund for Industrial Cooperation (Finnfund) is selling its shares in the special.... Read more »

Posted on : Friday , 24th March 2023

RWANDA: In Nduba, A New Landfill Will Produce Electricity and Fertiliser

A new landfill will soon be built in Kigali, the capital of Rwanda. According to the Water and Sanitation Corporation (WASAC), construction of the site will start in June 2023. The landfill will be located in the Nduba sector, but on a different site from the landfill in operation since year 2012. The future landfill will be built under a public-private partnership (PPP) and equipped with facilities for sorting and recycling part of the.... Read more »

Posted on : Tuesday , 28th February 2023

KENYA: Japan’s Toyota Wins Menengai Geothermal Power Plant Contract

British independent power producer (IPP) Globeleq has awarded Toyota Tsusho Corporation the contract to build the Menengai geothermal power plant in Kenya. The Japanese company will start construction in the first quarter of 2023. The Japanese company Toyota Tsusho Corporation has been appointed to execute the engineering, procurement and construction (EPC) contract for the geothermal power plant in western Kenya. The project, which aims to.... Read more »

Posted on : Tuesday , 28th February 2023

ETHIOPIA: 4th Resource to Assess Geothermal Resources in Two Regions

Canadian company 4th Resource has been awarded a licence by the Ethiopian authorities to conduct geothermal surveys in 2 regions. The planned studies will measure the intensity of the geothermal resource with a view to developing this renewable energy in Ethiopia. Ethiopia wants to increase the share of geothermal energy in its energy mix. As part of this policy, the Ethiopian Ministry of Mines is granting a geothermal reconnaissance permit.... Read more »

Posted on : Monday , 9th January 2023



Featured Companies
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Advertisers in previous issue:

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  • Air Conditioning Hire
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