Menu

6927Comments

Google
2021-04-11 07:36:31
Google Here is a great Weblog You might Obtain Interesting that we encourage you to visit.
Cyber Resilience: Automating Incidence Response By 75 Percent – Ken Gilmour
2021-04-09 17:04:23
[…] what was otherwise impossible manually. Harnessing the full potential of automation to….Read MoreSecurity […]
How AI Is Revolutionising Training – CIO East Africa – Njxxllc
2021-04-08 12:25:44
[…] Source link […]
How AI Is Revolutionising Training – CIO East Africa – Njxxllc
2021-04-08 12:25:26
[…] […]
Dennis Savai
2021-03-30 05:36:09
Membership activated because subscription was re-activated. Membership status changed from Expired to Active.
Dennis Savai
2021-03-30 05:36:09
Membership activated because subscription was re-activated. Membership status changed from Expired to Active.
Dennis Savai
2021-03-30 05:36:09
Membership activated because subscription was re-activated. Membership status changed from Expired to Active.
Dennis Savai
2021-03-30 05:36:09
Membership paused because subscription was put on-hold. Membership status changed from Expired to Paused.
Dennis Savai
2021-03-30 05:36:09
Membership paused because subscription was put on-hold. Membership status changed from Expired to Paused.
ActionScheduler
2021-03-29 17:48:38
action complete
Sign up or log in to comment…

No comments

There are no comment for this article yet.
Be the first one to post a comment!

GE to power 40,000 homes with its onshore wind project in Kenya

GE Renewable Energy and GE Energy Financial Services (“GE EFS”) have partnered to provide technology and advisory support for its...

Advertisement

GE to power 40,000 homes with its onshore wind project in Kenya

GE Renewable Energy and GE Energy Financial Services (“GE EFS”) have partnered to provide technology and advisory support for its flagship onshore wind project in Sub-Sahara Africa. Kipeto 100-megawatt (MW) wind power project is located south of Nairobi, in Kajiado, Kenya. The partnership will see Kipeto produce enough electricity to power the equivalent of 40,000 homes.

GE Renewable Energy will provide 60 of its highly efficient GE 1.7-103 turbines to the Kipeto project, providing power to the equivalent of approximately 40,000 homes in the region. The 100MW Kipeto wind power project will provide clean energy to the national grid as a significant contribution to Kenya’s Vision 2030 and Big Four Agenda.  The project is expected to reach commercial operation in 2020.

Peter Wells, GE’s Onshore Wind Regional Director for Europe and Sub-Saharan Africa, said: “GE is incredibly proud to be a part of this exciting endeavor. The Kipeto project is an important step forward in providing affordable, reliable clean energy to the region, and meeting Kenya’s renewable energy goals. We look forward to working with our partners on the journey for years to come.”

The Kipeto wind power project, which reached financial close yesterday, is funded by equity from Actis and a Kenyan company, Craftskills Wind Energy International, alongside senior debt from the Overseas Private Investment Corporation (OPIC), the United States government’s development finance institution (DFI).

Advertisement

Subha Nagarajan, Managing Director, GE EFS’ Global Capital Advisory, said: “Kipeto represents our ability to identify and connect capital from leading government agencies to emerging markets, and enable construction of GE’s wind projects in new markets. The project lays foundation for cleaner and more reliable energy for the local communities in the future.”

GE Renewable Energy will also provide operations and maintenance services for the wind turbines. The Kipeto project was originally conceived by Craftskills Wind Energy International, with support from GE.  AIIM and IFC InfraVentures co-developed the project with Craftskills from 2014 until early 2018, executing a 20-year Power Purchase Agreement (PPA) with Kenya Power and Lighting in 2016.

Do you have a story that you think would interest our readers? write to us editorial@cio.co.ke

Advertisement