AfDB to finance 35 MW geothermal project in Kenya
Quantum Power East Africa GT Menengai Ltd has secured financing from the African Development Bank (AfDB) and Climate Investment Funds (CIF) Clean Technology Fund (CTF) for the 35 MW Menengai geothermal project in Kenya.
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Country news
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February 16, 2018
Inspired Evolution invests US$36 million in solar PV projects in sub-Saharan Africa
Inspired Evolution has signed a deal to invest up to US$36 million in Alten RE Developments Africa B.V., the sub-Saharan Africa-focused subsidiary of Alten Energías Renovables. The investment by Inspired Evolution’s Evolution II Fund will expand Alten Africa’s existing solar photovoltaic development platform across sub-Saharan Africa.
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November 24, 2017
ACCIONA to build two transmission projects in Kenya
ACCIONA has signed two contracts with HOMT España as part of the project worth over €40 million (US$ 47,07 million) that the latter is executing for Kenya Electricity Transmission Company Limited (KETRACO).
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September 11, 2017
AfDB to back Kenya’s Lamu coal
The African Development Bank (AfDB) is mulling to fund the development of Kenya’s first coal-fired power plant. The bank is awaiting the environmental and social audits before they can release the funds.
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February 01, 2017
Inspired Evolution exits renewable investments and is on track to raise $250m Evolution II
Inspired Evolution, has successfully exited a number of its renewable energy investments held in its Evolution One Fund portfolio.
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June 03, 2016
Kipeto Energy signs 100MW purchase power agreement in Nairobi
Kipeto Energy is one step closer to delivering additional clean energy to the people of Kenya following an announcement that it has formally signed a 20-year Purchase Power Agreement (PPA) with Kenya Power (KPLC) on Thursday. This represents a significant milestone for the development of the 100-megawatt (MW) wind power project. Read more
