Renewables 2

SkyPower Signs Agreement to Build 200 MW of Solar Energy Projects in Djibouti

SkyPower, the world’s largest developer and owner of utility-scale solar photovoltaic (PV) energy projects, has signed a landmark agreement with the Republic of Djibouti for the development of 200 MW of world-class solar projects to be built in four phases in Djibouti over the next four years. “Africa has become a global hub for the …

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SkyPower to invest Sh450 billion to develop solar power in Kenya

American energy company, SkyPower, has announced that it would double the $2.2 billion it agreed to invest in Kenya to develop solar power to a massive $4.4 billion (more than Ksh450 billion). The announcement was made today when President Uhuru Kenyatta attended a breakfast meeting hosted for him by the Business Council for International Understanding …

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SkyPower Signs $2.2 Billion Agreement to Develop, Build 1 GW of Solar Energy Projects in Kenya

SkyPower, the world’s largest developer and owner of utility-scale solar photovoltaic (PV) energy projects, signed a landmark agreement with the Kenyan Ministry of Energy and Petroleum for the development of 1 GW of world-class solar projects to be built in four phases in Kenya over the next five years. The monumental US $2.2 billion agreement …

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SkyPower to Donate Two Million Home Solar Kits in Kenya

SkyPower, the world’s largest developer and owner of utility-scale solar projects, recently signed a landmark US $2.2 billion agreement with the Government of Kenya during the 6th annual Global Entrepreneurship Summit to develop 1 GW of solar projects. As part of this historic moment for Kenya, SkyPower is pleased to announce it will be gifting …

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Lake Turkana Wind Power Project Wins African Deal of the Year Award

The Lake Turkana Wind Power (LTWP) team receives the African Renewables Deal of the Year 2014 at the IJGlobal Awards 2014 Europe & Africa, which were held at the stunning National History Museum, London. Over 500 people attended the dinner for an evening of celebration in London on Thursday 19 February 2015. The project has also …

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Lake Turkana Wind Power Project Achieves Financial Close

Following the financial close of Lake Turkana Wind Power Project (LTWP) on 11 December 2014, LTWP has received the first disbursement of funds pursuant to financing agreements signed in March 2014. “Reaching this important milestone today caps a year of major achievements by LTWP,” said Mugo Kibati, LTWP’s Chairman of the Board.  “This includes signing …

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Ormat to Expand Olkaria III Geothermal Complex in Kenya by 24 MW

Ormat Technologies has announced today its subsidiary has signed an amended and restated Power Purchase Agreement (“PPA”) with Kenya Power and Lighting Company Limited (KPLC), paving the way for the expansion of the Olkaria complex. Under the terms of the PPA, Ormat expects to increase the generating capacity of the complex by 24 MW, bringing …

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Toshiba concludes MoU with Ethiopian Electric Power on geothermal power generation

Toshiba Corporation has announced that the company has concluded a memorandum of understanding (MOU) with Ethiopian Electric Power on a comprehensive partnership in geothermal power that will see the parties collaborate in power generation projects and personnel development. Ethiopian Electric Power (EEP), a publicly owned utility, engages in the development of geothermal resources and the …

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Work starts on Kinangop Wind Farm in Kenya

By Zak Mwangi Aurecon has been appointed as owner’s engineer by the project company, Kinangop Wind Park Ltd (KWP), for the construction phase of the 60.8 megawatt wind farm in Kenya’s Kinangop region.  This project has African Infrastructure Investment Managers (AIIM) as the majority owner. The project has reached Financial Close and commissioning is expected …

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