The TDB already has geothermal projects in its sights, particularly in Kenya. This is the case of Menengai, located in the Rift Valley in the west of the country; developed separately by three IPPs, and which will have 105 MW, namely Sosian Energy, Orpower Twenty-Two and Quantum Power East Africa. The most advanced project is that of Sosian Energy.
“We are seeking to finance renewable energy projects to expand our energy portfolio, with a focus on geothermal, solar, wind and hydroelectric power,” said Michael Awori, Director of Loan Operations at TDB. He added that the funds currently available come from Exim Bank of China.
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