Thursday, May 24, 2018

Kenya: AUC Awards Grant to Fund Geothermal Exploration in Western Kenya

Homa Bay geothermal firm gets exploration millions (Business Daily Africa)

Kenya renewable energy firm Capital Power has secured $720,000 (about Sh72.6 million) from the African Union Commission (AUC) for a 140 megawatts (MW) geothermal prospect in Homa Bay County.

Director Tony Wanyama said the funds will be used to conduct a surface study and infrastructure upgrade programme at the Homa Hill.

The grant represents 80 per cent of the total cost of the surface exploration at $1.07 million (about Sh107.9 million).

Capital Power will conduct the studies starting this year, with the commissioning of the power plant expected by 2023.