The Lake Turkana Wind Power chairman Carlo van Wageningen confirmed that a new financing deal for Kenya’s largest wind farm will be completed in Q1 2012 at COP 17 in Durban. He said that the agreement will allow for a €600-million plant to be constructed producing the Lake Turkana wind farm’s first 50 MW of electricity by Q3 2012. “We expect to close the financing deal in March or April 2012 and to have full production of 300 MW a year later,” he said in a presentation to showcase the project in Durban.
The project is expected to run at full capacity by the end of 2013, aiming to produce 22% of Kenya’s electricity generation. Phylip Leferink, Vestas Sales Southern Africa VP, said a total of $7 billion is available for bankable infrastructure programs globally and Africa fits the bill when it comes to renewable energy.
Alternative Energy Africa is trying to reduce its own carbon footprint in 2011. Ask about our electronic subscriptions and online marketing campaigns specially tailored for individual companies.