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Finance for Lake Turkana wind project

Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) is providing the operating company of the planned 300 MW Lake Turkana wind project in Kenya, Lake Turkana Wind Power, with a mezzanine loan worth US$27.5 million. Further lenders are the African Development Bank, the European Investment Bank, the European development finance institutions Proparco (France) and FMO (Netherlands) and […]

Is Google investing in Lake Turkana Wind Power?

In Kenya, American multinational technology company Google, is negotiating investing a small stake in the 310MW wind farm, Lake Turkana Wind Power (LTWP), CNBC reported on Thursday. However, a Google spokesperson declined to comment and LTWP representative, Rizwan Fazal said: “Google is not involved in LTWP at present and LTWP has no agreement or understanding of […]

Kenya upgrades oil refinery to enable reverse flow

According to Kenya’s petroleum principal secretary, Andrew Kamau, his ministry is in the process of upgrading the existing oil refinery. Speaking to local media the Business Daily, Kamau said government has completed modifying its ageing refinery to allow reverse flow of oil through the pipeline from onshore storage tanks to ships ahead of the start […]

Lake Turkana wind project gets ADF partial risk guarantee

[img:Kenya%20pw_0.jpg| ]7 October 2013 - Lake Turkana, which could become Africa’s biggest wind power project, involves the development of a 300 MW wind farm comprising 365 wind turbines of 850 kW capacity each. This project has just seen the African Development Bank (AfDB) approve the Lake Turkana transmission line delay partial risk guarantee for US$27.2 million, the first of the African Development Fund’s partial risk guarantees (ADF PRG). The ADF PRG is a risk mitigation instrument that covers private lenders and investors against the risk of a possible government failure to meet contractual obligations to a project.

Lake Turkana turbines to remain inactive until 2018

Despite being two months ahead of schedule, the 365 turbines installed at the Lake Turkana Wind Farm by Danish firm Vestas Wind Systems, will remain inactive until 2018. Reuters reported that Kenya’s government has not yet installed the transmission infrastructure needed to connect the Lake Turkana wind farm to its end users. The 300MW wind […]

Lake Turkana Wind Farm connects to grid

The Lake Turkana wind farm has evacuated power on 12 October, which saw 175 turbines being commissioned.

Kenya: Loiyangalani-Suswa power transmission line, completed

The construction of Kenya’s long-awaited 400kV Loiyangalani-Suswa power transmission line, which will evacuate 310MW of wind power from the Lake Turkana Wind Power Project, has officially been completed. Energy Cabinet Secretary, Charles Keter, recently pre-commissioned the 430 kilometres power line at Loiyangalani in Marsabit County ahead of President Uhuru Kenyatta’s official launch later this month. […]

Kenya: President Kenyatta commissions $19m project

Earlier this week, Kenya’s President Uhuru Kenyatta commissioned a mega electricity project that connects Turkana County to the national grid, the Kenya Presidency said in a statement. This project boosts the residents’ access to reliable and affordable electricity for the first time in history. The $19 million Lokichar sub-station electricity project, implemented through the Rural […]

Kenya scores on wind energy front with help from AfDB

Africa’s largest wind farm is a €620 million energy masterpiece boasting 365 turbines in northern Kenya, and is expected to reduce power shortages by 12.5%.

Vestas order agreement a boost for Lake Turkana wind project

[img:wind.thumbnail.JPG| ]11 January 2012 - Wind turbine supplier Vestas has confirmed that it and Lake Turkana Wind Power have signed a conditional order agreement. Since a key indicator of the viability of a wind project is the willingness of a supplier to make such a commitment, it is a further indication that construction of the 310 MW wind farm in Kenya could go ahead soon.

According to Carlo van Wageningen who chairs the consortium developing the Lake Turkana wind project, financial due diligence is expected to be completed by April this year.

Advisor on the Lake Turkana transmission link

DNV GL is advising Kenya on the construction of a 426 kilometre long 400 kV transmission line and substations designed to strengthen the Kenyan grid and build a connection between the capital, Nairobi, and the planned Lake Turkana wind farm. The power line would be a 420 kV AC transmission line from the national grid […]

Kenya’s largest wind power farm to produce by late 2012

[img:Germans%20w_0.jpg|A wind farm of the
type Lake Turkana
Wind Power intends
building in Kenya
]Nairobi, Kenya --- ESI-AFRICA.COM --- 15 December 2011 - A financing deal for Kenya's largest wind power farm is due to be concluded in the first quarter of next year, setting Kenya on the road to becoming East Africa’s leader in the field of renewable energy.

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