Market News

  • 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. . .

  • Kenya Power to Install EV charging Stations in Nairobi and Nakuru

    Posted on :Friday , 12th August 2022

    The state-owned company Kenya Power has announced the installation of charging stations throughout the country. The operation will start in the capital Nairobi and Nakuru County.

     

    In Kenya, the electricity distribution company Kenya Power wants to support the development of sustainable mobility through the deployment of charging stations for electric vehicles on a national sca. . .

  • Unit 6 of the Olkaria I Geothermal Power Plant is Operational

    Posted on :Monday , 25th July 2022

    This is it. Unit 6 of the Olkaria I geothermal power plant is now operational. The announcement was made by Kenya Electricity Generating Company (KenGen), which has successfully completed the production tests of this new geothermal power plant with a capacity of 83.3 MWe. The facility is located in the Hell’s Gate National Park in Olkaria, Nakuru County, at the eastern end of. . .

  • Uhuru Project Makes Kenya One of World's Leading Wind Power Producers

    Posted on :Monday , 25th July 2022

    Kenya is among the top 10 countries in the world producing electricity through wind power, thanks to the Lake Turkana Wind Power (LTWP) launched by President Uhuru Kenyatta.

     

    According Ember’s Global Electricity Review 2022, Kenya was ranked 9th biggest producer of wind energy globally and the top in Africa.

     

    This is even as the sector's in. . .

  • South Sudan and Ethiopian Signs MoU for Electricity Supply

    Posted on :Monday , 20th June 2022

    • EEP signs 100MW sales agreement with South Sudan

     

    • The first step of the power purchase plan is a feasibility study

     

    • The study is to be completed within a year, and construction within two years

     

    Ethiopian Electric Power (EEP), the country’s state-owned power . . .

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