Market News

The Kenya Electricity Generating Company has set forth plans to expand its renewable energy development pipeline to 5,500 megawatts. This new objective is more than threefold the 1,500 megawatts outlined in its previous G2G 2034 Strategy. The organization presently has an installed capacity of 1,786 . . .

NAIROBI, Kenya — The Kenyan authorities are evaluating the possibility of deploying floating power plants along the Coast in response to increasing electricity demand and persistent grid instability, an initiative that could substantially strengthen the country's water and industrial infrastructur . . .

The government intends to implement a minimum of 3000 megawatts of nuclear energy over the next seven years, aiming to reduce power costs and improve the nation's competitiveness. At the International Conference on Nuclear Energy (ICONE) 2026, President William Ruto declared that Kenya will emb . . .

Kenya Power has expressed its approval of the energization of the Sondu–Ndhiwa–Homa Bay–Awendo 132kV transmission line by the Kenya Electricity Transmission Company (KETRACO). The company stated that this project will greatly enhance the reliability of electricity supply in South Nyanza and ce . . .

Tanzania has established a memorandum of understanding with Siemens Energy, located in Sweden, to create gas-fueled power plants with a total capacity of 177 megawatts, which is estimated to cost $320 million. The initiative, supported by CRDB Bank, entails the production of equipment in Tanzania, w . . .