Market News
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KENYA: Japan’s Toyota Wins Menengai Geothermal Power Plant Contract
Posted on :Tuesday , 28th February 2023
British independent power producer (IPP) Globeleq has awarded Toyota Tsusho Corporation the contract to build the Menengai geothermal power plant in Kenya. The Japanese company will start construction in the first quarter of 2023.
The Japanese company Toyota Tsusho Corporation has been appointed to execute the engineering, procurement and construction (EPC) contract for the g. . .
Kenya's Ambitious Hydrogen Deal & Plan to Help Africa Exploit Green Energy
Posted on :Wednesday , 25th January 2023
Kenya recently inked a deal with an Australian firm to establish a green hydrogen and ammonia plant, kick-starting the country's plan to utilise green energy across the continent.
The industrial-scale production of green hydrogen and ammonia will be vital in making clean, affordable fuel and fertiliser for Africa. Further, it will help Kenya, which is already leading a geothe. . .
KENYA: Tender for the Olkaria VII Power Plant Feasibility Study
Posted on :Thursday , 10th November 2022
Kenya Electricity Generating Company (KenGen) is inviting tenders for the feasibility study of the Olkaria VII geothermal power plant. The plant will be built at the Olkaria geothermal complex in Nakuru County in western Kenya.
A new steam power plant is expected to be built at the Olkaria geothermal site in the Rift Valley, western Kenya. The 7th plant is the subject of a re. . .
KenGen Signs Deal with Toshiba over Geothermal Partnership
Posted on :Wednesday , 14th September 2022
Kenya Electricity Generation Company (KenGen) has partnered with Japan’s Toshiba Energy Systems & Solutions Corporation (Toshiba ESS). The deal is to collaborate on exploring geothermal energy in several countries.
The agreement signed on the sidelines of the 8th Tokyo International Conference on African Development (Ticad-8) provides for an operation a. . .
African countries eye 2030 start for generating nuclear energy
Posted on :Thursday , 25th August 2022
At least seven African countries are at various stages - commissioning, shopping for vendors and mapping appropriate sites - in the roll-out of nuclear power plants, as a majority eye 2030 as a start-date for generating electricity from nuclear energy.
Egypt is currently the only country to have begun construction, following the formal launch of a site in July. The US$25 bill. . .
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