Continental Energy Corporation (OTCQB:CPPXF), the "Company", an emerging international energy investment company, today announced that its Tanzanian subsidiary, Ruaha River Power Company Ltd. ("Ruaha Power"), has been appointed manager of a US$ 95,000 grant from the Rural Energy Agency ("REA") of Tanzania.   The grant is made under the Tanzania Energy Development Access ("TEDAP") program with.... Read more »

Posted on : Saturday , 20th December 2014

Kenya may soon be home to the largest wind project on the continent of Africa. Danish wind company Vestas won a contract to provide 365 turbines for a 310 megawatt wind power project in Kenya. The Lake Turkana Wind Power project will be the largest of its kind in Africa, and is expected to generate 15-20 percent of Kenya’s electricity needs when completed. According to project developers, the site is a unique location that is favorable.... Read more »

Posted on : Friday , 19th December 2014

The governments of Zambia, Kenya and Tanzania have signed an MoU for US$1.2bn to for a power interconnector project between the three countries. The upcoming project would link the Eastern African Power Pool with the Southern African Power Pool. Christopher Yaluma, minister of mines, energy and water development in Zambia said the agreement signed would set out principles that underlined the relationship amongst the three governments of.... Read more »

Posted on : Friday , 19th December 2014

Kenya Power will Tuesday begin the search for suppliers of street lighting material, bringing a Sh10 billion project to light up Nairobi closer to reality. The electricity distributor plans to install 54,029 street lights in several parts of the city. It has already received the first tranche of Sh381.2 million from the Treasury to kickstart the project. “Currently, business transactions and productive activities are restricted mainly to.... Read more »

Posted on : Friday , 19th December 2014

Ormat Technologies Inc. (ORA), a U.S. developer of geothermal energy, signed a 25-year agreement to supply Kenya Power & Lighting Co. with electricity from a 35-megawatt project. Ormat’s majority-owned Kenya unit will build and operate the Menengai power plant, according to a statement today from the Reno, Nevada-based company. Construction is expected to begin after financing is completed, and terms of the power sale weren’t.... Read more »

Posted on : Friday , 19th December 2014

The African Development Bank (AfDB) will lend the Kenya Government Sh12.2 billion to help pay for more than 300,000 new electricity connections. This follows the signing of a loan agreement Thursday by Treasury secretary Henry Rotich and AfDB Regional Director Gabriel Negatu to finance the implementation of the ‘Last Mile Electricity Connectivity’ project. President Uhuru Kenyatta and Deputy President William Ruto witnessed the.... Read more »

Posted on : Friday , 19th December 2014

 JOHANNESBURG - South Africa will announce a series of renewable energy projects on Monday that will add 1,000 megawatts (MW) of power into the country's constrained electricity grid. It is also committed to introducing renewable into its mix of power generation, 95 percent of which is coal at the moment. The so-called "Window 4" of its renewable energy bidding rounds has invited bids for a range of renewable projects such as.... Read more »

Posted on : Thursday , 18th December 2014

Nairobi — The Kenya Electricity Generating Company (KenGen) has connected the Olkaria I unit 5 to the national grid, paving the way for the completion of the 280 Megawatt geothermal power project. The unit, still being tested, is now feeding 52.5MW of electricity to the national grid and marks the final phase in what is seen as a major step toward significantly lowering the cost of electricity in East Africa's largest economy. "On.... Read more »

Posted on : Thursday , 18th December 2014

The United States government, through the Millennium Challenge Corporation (MCC), has promised to provide 78 million US dollars to support the development of high impact investment projects in the energy sector, it was announced yesterday. The agreement was signed on Friday in Dar es Salaam between the Minister for Finance and Economic Affairs, Ms Saada Mkuya and MCC Vice-President of Compact Operations, Mr Kamran Khan.   Speaking during.... Read more »

Posted on : Thursday , 18th December 2014

 Dodoma — MORE than 1,100 people in Mbinga district, Ruvuma region, will be connected with electricity next year through the Rural Energy Agency (REA), Parliament was told on Tuesday.   This was said by Deputy Minister for Energy and Minerals, Charles Kitwanga, when responding to a question raised by Gaudence Kayombo (Mbinga North - CCM) who wanted to know about government plans to distribute electricity in all villages in.... Read more »

Posted on : Thursday , 18th December 2014

Nairobi — Power supply in Kakamega is expected to improve as Kenya Power conducts a massive operation this weekend to rehabilitate power equipment and network serving the County at a cost of Sh96 million.   Managing Director Ben Chumo says the exercise will ensure that the electricity network serving Kakamega County is robust and power supply consistent, to support efforts to minimise power outages occasioned by both planned and.... Read more »

Posted on : Wednesday , 17th December 2014

KENYA will export power to Rwanda from next year to help the country meet its growing demand for electricity at lower costs.   The two East Africa Community member states yesterday signed the power trade deal in which a 220 KV line will be built from Kenya to Rwanda through Uganda to transmit the 30 MW of power to be sold tentatively from July.   Under the Power Purchase Agreement signed, Kenya will charge 12 US cents per kilowatt.... Read more »

Posted on : Wednesday , 17th December 2014