The African Development Bank (AfDB) approved €115 million in financing for a wind power project in Kenya’s Lake Turkana region. The project will add 300MW to power generation capacity.
The Lake Turkana Wind Power Project includes the construction and operation of a 300 MW wind farm with 365 turbines of 850KW capacity each. This zero-emission project will contribute in filling the energy gap in the country, enhancing energy diversification and saving 16,000,000 tons of CO2 emissions compared to a fossil fuel fired power plant. The project will be implemented by Lake Turkana Wind Power, a special purpose vehicle, created in September 2006. The group of investors includes Kemperman Paardekooper & Partners Africa, Aldwych International Ltd., the Investment Fund for Developing Countries of Denmark, Norfund, and Vestas Wind Systems AS.
Click here for further details.