Market News

The Lake Turkana wind project will start generating power next year, Denmark Foreign Affairs minister Kristian Jensen said yesterday.   The project, funded by the Danish government, will contribute 310 Megawatts of wind energy to the national grid.   Jensen spoke at the World Trade Org . . .

THE Ministry of Mines and Energy has awarded a tender to construct a 35MW solar photovoltaic power station near Mariental to Alten Renewable Hardap, minister Obeth Kandjoze said this week.   Last year, the ministry issued a tender for the construction, operation and owning of solar PV power p . . .

 Japanese multinational Toshiba Corporation has concluded an MoU with the Tanzania Geothermal Development Company Limited (TGDC) to develop geothermal power in the East African nation geothermal simon pixabayTanzania has vast reserves of untapped geothermal energy, which Toshiba hopes to capit . . .

Kenya Power and Lighting Company has secured a Sh6 billion loan from the French Agency for Development (AFD) to finance expansion of the electricity distribution network.   The expansion, which will take place in Mombasa, Kisumu and Nairobi, is expected to boost KPLC's reliability and transla . . .

CHICOL Estates, an integrated poultry farm in Lusaka's Twin Palm area, has embarked on a thermal power plant feasibility study which will result in electricity generation from chicken droppings.   Estate director Aaron Chungu said there are plans to set up a thermal power plant using chicken . . .