General Electric (GE) and China National Machinery Industry (Sinomach) have signed a memorandum of understanding (MoU) for developing renewable energy projects in Sub-Saharan Africa which involves Kipeto Wind power plant. This will solve where more than one third of the population who lack electricity.
Under the terms of the MoU, the firms will jointly develop, invest in and finance clean energy projects under the Power Africa initiative, which was launched by the US President Barack Obama in 2013.
Kipeto wind plant to be developed in Kajiado 80km south of Nairobi, is in-line with the Kenyan Government’s target for generating 2,036MW of wind power by 2030.United States owned development finance institution Overseas Private Investment (OPIC) ,will fund the project and GE has already signed a deal for it with Kenya-based Kipeto Energy.
When completed, the Kipeto project will add 102MW of capacity to the Kenyan national power grid with the installation of 47 GE 1.6-100 wind turbines and 16 GE 1.6-82.5 wind turbines each with a capacity of 1.62MW.
Power Africa initiative aims to support the growth of Sub-Saharan region with double access to electricity in Ethiopia, Ghana, Kenya, Liberia, Nigeria and Tanzania using clean energy. GE is one of the founding private sector partners for the Initiative. At the project announcement in June 2013, GE committed to help bring online 5,000 megawatts of new electric generation capacity, in cooperation with the Initiative’s government and other private sector partners.
The agreement marks a milestone for the partnership between GE and Sinomach, a leading diversified international industrial conglomerate. The two parties already collaboratively delivered multiple infrastructure projects in Latin America, Africa and Asia, involving KES31.7bn ($3Bn) investment in energy sector.