Friday, 3 August 2018

Geothermal in Kenya: African Development Bank Marks a Milestone in Financing Clean Energy On the Continent

Source: "In Kenya, African Development Bank Marks a Milestone in Financing Clean Energy On the Continent", African Development Bank Group (AfDB) | AllAfrica |, 23rd July 2018

AfDB reported, "(...) Menengai is one of 40 geothermal wells drilled since 2011 for the purpose of electricity generation. At full capacity, the plant would generate 12.5 megawatts of electricity to the Kenyan national electricity grid. (...) While the plant is expected to reduce carbon emissions by nearly 1.95 million tonnes per year when it becomes operational, it will also add about 1,000 gigawatts/year of low-cost electricity to some 500,000 households and 300,000 small businesses. The successful implementation of the geothermal power project has led the Bank to consider setting up the African Geothermal Partnership to accelerate the development of renewable energy projects across Africa. Currently, the Bank's funding has enabled the Kenyan government to train 43 specialists on various technical fields, including exploration, drilling, health and safety matters. (...)"

Read more at: https://allafrica.com/stories/201807300409.html