Tuesday, August 11, 2015

Kenya:

Kenya Power Signs 70 Megawatts  PPA from Akirra Geothermal Project (Bloomberg)

Kenya Power & Lighting Ltd., will sign a power purchase agreement (PPA) tomorrow for 70 megawatts of geothermal energy.

The utility will buy 70 MW from Akiira Geothermal Ltd., a project developer, and Marine Power Generation Ltd., its development partner, it said.

Akiira Geothermal Limited is the first private sector greenfield geothermal development in Sub-Saharan Africa. It is located 70 km northwest of Nairobi, in the eastern branch of the East African Rift System, south of Lake Naivasha and about 2.5 km south of the nearest producing wells.

The Akiira block with a potential of over 140 MW will be developed in phases beginning with 70 MW for phase I, drilling is set to begin drilling very shortly.

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