Africa’s largest wind project secures €623m funding

The largest wind power project in Africa has marked a significant milestone, with the signing of a €623 million (£521m) loan and completing its financial agreements. The European Investment Bank (EIB) is among the 10 institutions backing the Lake Turkana Wind Power Project (LTWP), providing €200 million (£167.2) of the total funding. The 300MW project […]

€115m aid for ‘largest’ wind power project in Africa

Renewable energy generation in Kenya (pictured) is set to increase, thanks to a €115 million loan for a wind power project, believed to be the largest in Africa. The African Development Bank (AfDB) will provide the cash for the Lake Turkana Wind Power project, which will add 300MW to the nation’s power generation capacity. It […]