Market News

A senior official at the Vision 2030 secretariat want Geothermal Development Company (GDC) to fast-track the process of generating steam power at the Menengai fields in Nakuru County.   This, he said, will speed up the country's ambitious flagship project of providing Kenyans with green energ . . .

 Africa’s power suppliers can be profitable and still make electricity access affordable for consumers.   That’s according to the World Bank’s report, which looked at utilities’ financial statements and power tariffs in 39 African countries and spending data in 22 . . .

 The renewable energy market is steadily growing in an African continent that can pride itself to possess in abundance a good mix of resources – sun, water, biomass and wind. Although far less uniformly distributed than the well documented solar resources, Africa with a large coastline st . . .

 The Kenya Electricity Transmission Company has contracted Chinese firm North China Power Engineering Company to construct a 96 kilometre power transmission line running between Isinya and Namanga at a cost of Sh2.6 billion. This is part of the Kenya-Tanzania interconnector line that will hook . . .

A floating power plant isn't something you see every day. The massive ships look like plants you'd see on land complete with tall exhaust stacks—except these plants are bobbing in the ocean.   They might look odd, but for people in growing economies around the world, the ships are a wel . . .