Already JICA has signed a 29.5 billion Yen(Sh32.6 billion) loan agreement with Kengen for the Olkaria I and IV power plants. The money will be for the expansion of the Olkaria I to enable it supply 140 MWe to the national grid as the demand for power in the country continues to soar. Tanaka said this is the first such project to be supported by a Climate Change Japanese loan in sub-Saharan Africa.
Wednesday, June 6, 2012
Kenya:
Japanese Company Promises Support for Kenyan Geothermal Power Projects (allAfrica)
Japanese International Cooperation Agency (JICA) will support the geothermal energy production in Kenya. Visiting JICA president Akihiko Tanaka praised the country for leading the way in the development and utilisation of clean energy, adding that the agency will back the country's efforts to harness the potential. He was speaking yesterday during a tour of the Olkaria geothermal power plant in Naivasha.
Already JICA has signed a 29.5 billion Yen(Sh32.6 billion) loan agreement with Kengen for the Olkaria I and IV power plants. The money will be for the expansion of the Olkaria I to enable it supply 140 MWe to the national grid as the demand for power in the country continues to soar. Tanaka said this is the first such project to be supported by a Climate Change Japanese loan in sub-Saharan Africa.
Already JICA has signed a 29.5 billion Yen(Sh32.6 billion) loan agreement with Kengen for the Olkaria I and IV power plants. The money will be for the expansion of the Olkaria I to enable it supply 140 MWe to the national grid as the demand for power in the country continues to soar. Tanaka said this is the first such project to be supported by a Climate Change Japanese loan in sub-Saharan Africa.
Labels:
energy,
geothermal,
GRC,
renewable
Location:
Kenya