Kenya: ACEF grant for geothermal project

The US Overseas Private Investment Corporation (Opic)-administered Africa Clean Energy Facility (ACEF) is providing a $950,000 grant to Kenya-based renewable energy development company Akiira One Ltd to finalise preparation for a geothermal power project with an initial generation capacity of 40MW. The project will be sited next to the Olkaria geothermal fields and could ultimately produce up to 140MW. The grant will facilitate the procurement of consultants to complete the technical and legal work required before drilling can begin early in 2015.