Ethiopia-Kenya Power Line Gets Sh37 Billion Loan
Finance Minister Njeru Githae and World Bank Country Director Johannes Zutt, addressing the media at Treasury Building after signing a Kshs.51.9 billion loan agreement.
The loan is for construction of Eastern Electricity Highway Project to bring Hydro electric power from Ethiopia to Kenya (Kshs.37.5 billion),
Firm to Build U.S. $100 Million Wind Power Initiative
Nairobi –  Global infrastructure development giant General Electric Company (GE) last week announced a grand plan of investing some $100 million towards power generation in Kenya over the next one year.
The funding will go towards the construction of two wind power projects to boost generation to the national grid.
Read more: Firm to Build U.S. $100 Million Wind Power Initiative
Kenya to Showcase Prospects in Geothermal Supply
Stakeholders in the geothermal energy sector are exploring solutions to reduce lead times for developing geothermal projects, while trying to determine how to leverage investments to stimulate the growth of the industry.
Kenya: New Energy Plan for the Rural Areas
An initiative dubbed “Kijiji Solar†aimed at providing rural areas with electricity has been launched. The programme which will constitute the use of solar panels and batteries to provide green energy to rural areas was launched by Plexus Energy.
