African Business News

KenGen plans to add another 450 MW to grid in three years

NAIROBI: Power producer Kenya Electricity Generating Company (KenGen) plans to add another 450 megawatts (MW) to the grid from wind and geothermal in the next three years at a cost of at least $710 million (Sh71b), its chief executive said yesterday.

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Kenya is building Africa’s biggest wind energy farm to generate a fifth of its power

Kenya set in motion the construction of Africa’s biggest wind power farm this week, near Laisamis, 550km north of Kenya’s capital Nairobi.

Known as the Lake Turkana Wind Power Project, the wind farm site covers 40,000 acres (162km2), which will be powered by the ‘Turkana Corridorwind.’ It is a low-level jet stream originating from the Indian Ocean and blows all year round.

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South Africa: SA, Russia Sign Energy Agreements

Pretoria — South Africa and Russia have signed two Memoranda of Understanding (MoU) that are aimed at strengthening efforts between the two countries in the field of nuclear energy, said the Department of Energy.

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African Renewable Energy Gains Attention

The potential for renewable energy development in Africa is experiencing an increase in attention lately as investors and world leaders seek a new clean energy frontier.

The continent could become a gold mine for renewable energy due to abundant solar and wind resources. But roadblocks to clean energy worldwide are amplified throughout the troubled regions of Africa - financial resources are thin and infrastructure is often unreliable.

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