Kenya’s geothermal power producer GDC gets US$5m grant from AU for exploration

KENYA – State-owned Geothermal Development Corporation (GDC) has secured a US$5 million grant from the African Union (AU) for geothermal exploration of the Paka Geothermal Project in Baringo in Rift Valley, Kenya. The move comes after the signing of an agreement for the Geothermal Risk Mitigation Facility (), a risk mitigation facility that was set up in 2012 by the African Union Commission (AUC). According to GDC Managing Director and CEO, Jared Othieno, the funding will go towards the cost of the exploration drilling and is expected to support 40%…

Read More

Globeleq acquires stake in Quantum Power, relaunches Menengai II geothermal project

KENYA – British company Globeleq, with financial support from CDC Group has partially acquired Quantum Power East Africa GT Menengai (QPEA), one of the three Independent Power Producers (IPPs) developing the 105 MW Menengai geothermal project in Kenya. The investment is good news for Quantum Power, which has received the release from the Kenyan government since 2013 to supply 35 MW from the Menengai II geothermal power plant. The project has been at a standstill due to difficulties in raising funds. The Menengai geothermal project which is expected to produce…

Read More

Kenya receives US$14.5m grant from GMRF for geothermal project

KENYA – The government of Kenya has signed for a US$14.5 million grant from the Geothermal Risk Mitigation Fund (GRMF) for the implementation of the Baringo-Silali geothermal project in Rift Valley. The project is being implemented by the Geothermal Development Corporation (GDC) owned by the Government of Kenya. The US$14.5 million grant agreement was signed between the African Union, represented by the African Union Commission, which is the contracting authority, and the National Treasury of Kenya, which is the beneficiary. The grant from the African Union’s Geothermal Risk Mitigation Fund…

Read More

Kenya drops IPPs for KenGen to generate clean and affordable energy

KENYA – Kenya has dropped Independent Power Producers (IPPs) as private project partners in geothermal power production due to their perceived “sluggishness” in supporting government efforts to generate clean and cheaper energy. Energy Cabinet Secretary Charles Keter told The EastAfrican that the government will, instead, work with the state-owned power producer KenGen in the second and third phases of the 465MW geothermal power production at Menengai Geothermal fields, about 185 kilometres northwest of the capital Nairobi. The initial phase involves generation of 105MW of geothermal power while the second and third phases…

Read More

GDC signs Collaboration Framework Agreement with Nakuru County for utilization of geothermal energy

KENYA – Geothermal Development Company (GDC) has signed a Collaboration Framework Agreement (CFA) with the county government of Nakuru in Kenya for the utilization of geothermal energy. The pilot project at the site showcases various Direct Uses of geothermal resources, namely pasteurization, aquaculture, and greenhouse heating. There is also a laundromat and a grain dryer. Speaking at the signing ceremony, Nakuru County Governor H. E. Lee Kinyanjui welcomed the partnership citing it as an undertaking that would greatly benefit residents of Nakuru County. “We are exploring establishment of an industrial…

Read More

Geothermal Development Company appoints Jared Othieno as the new Managing Director

KENYA – Geothermal Development Company (GDC), a government-owned company in Kenya’s energy sector, has appointed Jared Othieno as its new managing director and chief executive officer. He will be responsible for the development of green energy in the country. The appointment, which takes effect on April 19 will see Othieno head GDC for three years, replacing the outgoing managing director Johnson Ole Nchoe, who has served GDC in that position for a period of four years. Mr Nchoe’s term ended in April 2019 but got a one-year extension at the…

Read More