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Kenya receives huge financing for solar-and-wind project

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World Bank supports expansion of renewable energy production in Kenya. Image source: Shutterstock (#136205552)

Kenya, the biggest economy in East Africa, is going to receive 150 million USD financing from the World Bank for a solar-and-wind project in the northeastern region that is still off-grid. The government plants to triple the capacity of power plants from 2,327 up to 6,766 megawatts by 2020. Most of the new capacity will be from sources such as geothermal energy. The solar-and-wind project will most probably start by mid 2017.

 

Bloomberg

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