Tuesday, May 28, 2013

Kenya:

Menengai Geothermal Project to Get Sh10 Billion Shot in the Arm (Daily Nation)

The multi-billion Menengai Geothermal project has received a major boost after the World Bank pledged to inject an additional Sh10 billion to speed up the drilling and exploration of the green energy.

The funding comes at a time when Geothermal Development Company (GDC) is stepping up efforts to woo investors to put up power plants in the three-year-old project which is supposed to generate 5,000 MWe by 2030.

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