Africa’s top geothermal utility seeks $2bn to boost output

Kenya Electricity Generating Co, Africa’s geothermal pioneer, plans to raise $1.95-billion to build new, and upgrade existing plants in a bid to almost double its power output from the renewable fuel. KenGen, as the Kenyan State-owned company is known, plans to add 651 MW from underground steam in the next five years, said Cyrus Karingithi, an assistant manager for resource development and infrastructure. Most of the funds will be sought from development financiers, Karingithi said in an interview on Tuesday at a geothermal field located about 120 km northwest of the capital Nairobi.
/by

Renewable energy uptake on the rise in South Africa, says Enel Green Power

Renewable energy company Enel Green Power South Africa country manager William Price comments that, despite the delays experienced with the procurement of capacity under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), he is not surprised by the country’s continuous project development in the renewable energy space. He notes that this is driven by high utility price increases, the continuation of load-shedding and the ever-increasing demand for energy.
/by