Geothermal Power
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SUSTAINABILITY
AfDB Backs Kenya’s Geothermal Expansion with $16.5 Million Loan
The African Development Bank (AfDB) has approved a $16.5 million loan to support the development of the 35 MW OrPower Twenty-Two (OTTL) Geothermal Power Plant. Approved in late 2025 and officially announced in January 2026, the project is a cornerstone of Kenya’s strategy to transition to a 100% clean energy grid. The OTTL plant is the third facility in the…
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NEWS
Kenya Breaks Ground on $800M Geothermal-Powered Fertiliser Plant
In a landmark move to bolster food security and reduce reliance on costly imports, Kenya has officially broken ground on a massive $800 million (Sh103 billion) fertiliser plant that will be powered entirely by geothermal energy. President William Ruto, presiding over the groundbreaking ceremony in Olkaria, Naivasha, on Monday, November 3, 2025, hailed the project as a revolutionary step toward…
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NEWS
Cleantech Startup Factor2 Energy Secures $9.1m to Scale Geothermal Power From Stored CO₂
Factor2 Energy, a Duisburg-based cleantech startup developing an unconventional approach to geothermal power, has raised $9.1 million seed funding to advance its technology and build a pilot plant that uses carbon dioxide as a working fluid instead of water. The round was led by Silicon Valley’s At One Ventures, with participation from High-Tech Gründerfonds (HTGF), Gründerfonds Ruhr, Verve Ventures, and…
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ENERGY
KenGen Reports 70% Progress on Olkaria Geothermal Power Plant
Kenya’s drive toward a clean energy future received a major boost as the state-owned Kenya Electricity Generating Company (KenGen) announced the arrival of critical equipment for its newest geothermal power plant at the Olkaria geothermal complex. The planned Olkaria I project, located in the geologically active Rift Valley, is expected to add 63MW of renewable energy to the national grid…
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