Market News

 Africa has the potential to be a leader in the energy storage space, says Basil Read Energy director, Ian Curry. “We have to go for this distributed power generation solution, [while] accommodating storage. Storage is a technology and an industry that is coming into maturity and Afric . . .

 Kenya has invited bids for construction of two new geothermal plants as part of the country's plan to boost electricity production by 5000MW in three years. The new plants, with a capacity of 60MW, will be completed by the end of 2014 and is part of several projects designed to tap into Kenya . . .

Nine energy transmission projects valued at above US$4bn have been identified in the Southern Africa region for promotion and marketing. These nine projects are in different stages of development according to the report released in the 34th Summit of SADC in Victoria Falls in Zimbabwe. The projects . . .

 Nairobi — The Government has said that one million people will be connected to the national power grid by the end of this financial year in its plan to connect over 70 percent of the population by 2017.     In the last financial year, over 400,000 customers were connected to . . .

Alten Kenya Solarfarms is expected to set up a 40MW solar plant in Kesses, Uasin Gishu county Kenya. The solar plant will be located on a 371 acre piece of land in Kesses near Moi University, Eldoret. The project is expected to cost around US$10m for infrastructure development alone. The project is . . .