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independent power producers

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Local

ATIDI underwrites Globeleq’s USD 117 million geothermal power project in Kenya

        Nairobi-based pan-African insurer, African Trade and Investment Development Insurance (ATIDI) has provided a political risk insurance cover for Globeleq's 35 MW Menengai Geothermal power project in Kenya. This support will be extended via the Regional Liquidity Support Facility (RLSF) -  a joint effort by ATIDI, KfW Development Bank, and the Norwegian Agency for Development Cooperation (Norad). It helps renewable energy Independent Power Producers (IPPs). The project, the first to […]

todayJuly 1, 2024 8

Africa

Massive African “Gigawatt” wind projects to dwarf existing facilities, as private power companies and “wheeling” take root

    By Conrad Onyango, bird story agency   Huge new wind power project under development in Egypt and Kenya will see independent power producers access national grids to sell power to private customers in other parts of the country, or region, accoding to a new report. "Wheeling" refers to the practice of allowing privately generated power to flow through the national grid to willing buyers in a seller-buyer model. […]

todayMay 21, 2024 13

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