Market News

  • Connectivity in Ethiopia and Kenya is being shaped by the Ethiopia-Kenya Electricity Highway

    Posted on :Monday , 4th November 2024

    The East African energy connection landscape is being redefined by the 2023 official opening of the electrical highway between Ethiopia and Kenya, which took over a decade to plan and build. The distance between Wolayta-Sodo in Ethiopia and Suswa in Kenya is 1,045 kilometers. Ethiopian hydroelectricity and Kenyan geothermal and wind power can be combined by both nations.

     

    Cent. . .

  • Transmission Deals with Adani Energy in Kenya Is Still In the Works

    Posted on :Monday , 23rd September 2024

    Kenya Electricity Transmission Co. stated that it is still in discussions with Adani Energy Solutions Ltd. for the building of three power lines, considering a statement made by a presidential adviser stating that contracts worth up to $1.3 billion had already been given to two companies, including the Indian company.

     

    As per Ketraco, the agency, Adani showed interest in build. . .

  • A Historic Nuclear Deal has been signed between Kenya and the United States

    Posted on :Thursday , 26th September 2024

    A memorandum of understanding (MoU) has been inked by Kenya and the US in regards to the safe and secure deployment of nuclear technology. Sealing the deal took place in Vienna, Austria, during the 2024 International Atomic Energy Agency (IAEA) General Conference.

     

    Musalia Mudavadi, the Prime Cabinet Secretary, spoke at the conference's general session the day before the histo. . .

  • 78% of Rural Kenyans Will Have Access to Electricity by REREC

    Posted on :Wednesday , 24th July 2024

    Kenya's urban areas, enlightened by electric lights, and rural settlements, shrouded in darkness, were drastically separated for decades. This lack of electricity restricted chances for education, stunted economic growth, and hampered development in large parts of the nation.

     

    The Rural Electrification and Renewable Energy Corporation (REREC), on the other hand, has set out on. . .

  • Heavy Rains in April Led To an Increase Of 23 Percent in Hydropower Production

    Posted on :Friday , 31st May 2024

    The country experienced heavy rains in April, which led to a 23.2% rise in the generation of hydropower one of the most affordable forms of electricity. The Energy and Petroleum Regulatory Authority (Epra) reported that 358 million kilowatt-hours (kWh) were produced by the 13 largest hydropower units in the month.

     

    This was the biggest output in over three years since a peak o. . .

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