N e w s

Tanzania Sugar-Ethanol EcoEnergy Project Looking For Investors

 The Bagamoyo EcoEnergy project (BEE Project) north of Dar Es Salaam, the commercial capital of Tanzania is looking for new investors for the project. BEE project is a special purpose project aimed at developing a modern sugar cane plantation and factory producing sugar, ethanol and power for the Tanzanian market.   The project at full operations is expected to process approximately 1 million tonnes of sugar cane annually and.... Read more »

Posted on : Saturday , 23rd May 2015

Nigeria, Russian Firm Stake N16 Trillion to Build Four Nuclear Plants

Nigeria has signed an agreement with a Russian firm, Rosatom, to build four nuclear power plants in the country valued at $80 billion, about N16 trillion. The power plants which will have a combined capacity of 4,800 megawatts, are expected to come on stream between 2025 and 2035. Speaking at a forum in Kenya Tuesday, Mr. Franklin Erepamo Osaisai, Chairman/Chief Executive Officer, Nigeria Atomic Energy Commission, said the building of the.... Read more »

Posted on : Friday , 24th April 2015

Rosatom, ready to empower Africa.

Global nuclear giant Rosatom incorporates more than 350 companies worldwide and includes civil nuclear companies that specialize in power generation and nuclear fuel production, nuclear and radiation safety complex facilities, fundamental and applied science, nuclear medicine organizations, as well as the world’s only nuclear-propelled fleet of ice breakers. Rosatom is extremely unique in that it is currently the only company able to.... Read more »

Posted on : Friday , 17th April 2015

Construction of a new high voltage power line in Kenya to cost US$ 93m

 A new high voltage power line that will be constructed to link geothermal power plants in Olkaria to Kisumu is set to start on May, Kenya Electricity Transmission Company Ltd (Ketraco) has said and complete in June 2017.   The power line project, which is expected to cost US$ 93m, aims at reducing the ongoing blackouts experienced in Western Kenya. The new line will allow injection of more geothermal power into the grid, after.... Read more »

Posted on : Thursday , 26th March 2015

50 MW Wind power project in Tanzania to cost more than US$ 132m

 Tanzania is at an advanced stage in plans for erecting a mega wind power project in Singida town by 2016. The construction is expected to cost more than US$132m for the first phase, and the wind farm will generate up to 50 MW of power to be channeled to the national grid.   National Development Corporation (NDC) Head of Energy and Infrastructure development, Mr. Pascal Malesa confirmed the news and said that they are already in the.... Read more »

Posted on : Friday , 13th March 2015

KenGen seeks regulators’ nod to float bond

 State power generator KenGen is looking at floating asset-backed securities to finance more than Sh80 billion in energy infrastructure over the next two years KenGen, which has already pegged its Sh30 billion Rights Issue for the second quarter of this year needs Sh118 billion to finance its infrastructure development.   The firm is in talks with regulators to use asset backed securities to plug the difference. “We are.... Read more »

Posted on : Tuesday , 10th March 2015

Tanzania: Rural electrification remains govt priority

 This was said in Dar es Salaam by the Principal Energy Officer, Mr Paul Kiwele, who represented Deputy Permanent Secretary in the Ministry of Energy and Minerals, at the launch of Rex Solar Energy’s 3G Solar Home System.   “The improved energy supply in the rural areas through public and private sector participation, will contribute significantly in improvement of livelihoods of rural populations and attainment of.... Read more »

Posted on : Thursday , 5th March 2015

AIB targets SME's as the construction of LAPSSET corridor project set start next month

In a bid to positions itself as the nerve center of the East African Community, and gateway into the greater East Africa, the government is planning to start construction of the mammoth Lamu Port Southern Sudan-Ethiopia transport or LAPSSET corridor project next month The project, which covers kenya, ethiopia, south sudan and uganda will cost a whopping 2.7 trillion shllings, and will open new trading frontiers for business people in the.... Read more »

Posted on : Friday , 27th February 2015

Lake Turkana wind power project named African renewables deal of the year 2014 in London

Just weeks after being named the African renewables deal of the year 2014 by project finance international earlier; the Lake Turkana wind power project has received yet another feather for its hat. The project has been named the African renewables deal of the year 2014 at the I-J-global awards 2014 Europe & Africa in London. The lake Turkana wind power project will provide 310 mw of reliable, low-cost, onshore wind power to the republic of.... Read more »

Posted on : Friday , 27th February 2015

Kenya's Largest Geothermal Power Complex Starts Commercial Operation

 Kenya Electricity Generating Company Ltd. awarded a full turnkey contract for Olkaria I and IV to a consortium of Korea’s Hyundai Engineering Co., Ltd. and Japan’s Toyota Tsusho Corporation (Tokyo:8015) in 2011. Toshiba, selected by Hyundai Engineering to provide key equipment, supplied four 70-megawatt turbines and generators for the plant in 2013. Olkaria IV started commercial operation in September 2014, followed by Olkaria.... Read more »

Posted on : Friday , 27th February 2015

Kenya ranked eighth largest global geothermal producer

In Summary - 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. - Kenya has the potential to produce 10,000MW of geothermal power from the Rift Valley basin, studies by the Ministry of Energy show. - Geothermal now accounts for 29 per cent of Kenya’s energy mix, up from the.... Read more »

Posted on : Saturday , 21st February 2015

Vestas supply wind turbines for Kenya’s wind farm; firm’s largest single order

 Vestas has supplied 365 wind turbines that will see Kenya’s Lake Turkana Wind Power Project (LTWP) give off 310 megawatts. The order becomes the largest single order for the company. The wind power project was commissioned in March 2014. It is estimated to cost US$ 766.6m and expected be the largest wind farm in Africa. It will be constructed on a 40,000 acres, and construction was to commence this month.   The wind power farm.... Read more »

Posted on : Friday , 20th February 2015



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