Kenya Electricity Generating Company (KenGen) is taking bold steps to develop an additional 800 megawatts (MW) of geothermal energy, reaffirming its leadership in Africa’s green energy transition. The initiative is part of a larger goal to add 1,500 MW of renewable energy to the national grid by 2030. With over 90% of Kenya’s electricity already…
Kenya’s National Assembly Committee has proposed a major shift in how the country manages electricity pricing by recommending that future Power Purchasing Agreements (PPAs) be denominated in Kenyan Shillings instead of foreign currencies. The recommendation aims to tackle rising electricity costs, which are heavily influenced by exchange rate fluctuations. Led by Mwala MP Vincent Musyoka,…
Kenya Power is facing challenges as it plans to ration electricity due to rising demand and aging infrastructure. The company has reported frequent power outages across the country, raising concerns among businesses and consumers. The issue escalated recently following a nationwide blackout, prompting Energy Cabinet Secretary Davis Chirchir to announce that load shedding would be…
CrossBoundary Energy has secured a major USD 140 million in senior debt funding from the Standard Bank of South Africa. The funding marks a big step for the company as it looks to expand its renewable energy projects across Africa, with a strong focus on Commercial and Industrial (C&I) clients. The financing is part of…
Kenya Electricity Generating Company (KenGen) has solidified its position as a leader in geothermal energy by signing a Sh250 million contract with the Eswatini Electricity Company (EEC). The partnership aims to conduct geoscientific studies for geothermal potential in Eswatini, marking a milestone in renewable energy development in Africa. With a focus on sustainability and energy…
Eskom has announced an extension for upgrading prepaid electricity meters from the old Key Revision Number (KRN1) system to the newer KRN2 system. The original deadline was set for November 24, 2024, when KRN1 meters would no longer accept new electricity tokens. But with millions of meters still needing upgrades, Eskom and municipal utilities, including…
Africa Energy Corp’s recent move to take over as the operator of Block 11B/12B, located off South Africa’s southern coast, marks an important moment for the country’s energy sector. The offshore blocks in the Outeniqua Basin hold large natural gas reserves, including the Brulpadda and Luiperd fields. With South Africa facing a severe energy crisis…
TotalEnergies, together with its partners Mulilo and Reatile Group, has started construction on an ambitious renewable energy project in South Africa. The project includes a 140 MW wind farm and a 120 MW solar plant, both located near De Aar in the Northern Cape. Together, these plants will deliver a total of 260 MW of…
QatarEnergy is expanding its offshore exploration efforts in Namibia, demonstrating its commitment to growing its global energy portfolio. In a new agreement with TotalEnergies, the company has acquired additional stakes in two important offshore blocks in the Orange Basin. QatarEnergy has increased its interest by 5.25 percent in block 2913B and 4.695 percent in block…
The recent news that Gathungu has flagged Kenya Power for breaching its budget in a Sh14 billion fuel tender raises serious concerns about financial management and accountability in Kenya’s energy sector. This issue isn’t just about numbers; it points to deeper problems that directly affect ordinary Kenyans and the broader economy. Kenya Power, the country’s…
