Wednesday, 14 December 2016

MHI, Hitachi Venture Eyes Africa for Geothermal

Source: "MHI, Hitachi Venture Eyes Africa, Latin America for Geothermal", by Chisaki Watanabe, Bloomberg, 28th November 2016

Chisaki Watanabe reported, "Mitsubishi Hitachi Power Systems Ltd., a venture between Mitsubishi Heavy Industries Ltd. and Hitachi Ltd., is eyeing Africa and Latin America to export its geothermal turbines, hoping to supply equipment for projects backed by Japan’s aid agency. (...) In March, JICA (Japan International Cooperation Agency) signed a loan agreement with the Kenyan government to provide as much as 45.69 billion yen ($405 million) to build a 140-MW geothermal plant in Nakuru County in central Kenya, according to the JICA website. (...)"

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