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The ‘Africa Rising’ Movement; As Adressed by Kofi Annan

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Kenya: Google to back USD 700 mln wind farm?

Google

In 2013, Google invested USD 12 million in South Africa’s Jasper Power Project.

According to a report by CNBC, Google is allegedly in talks to become an investor in a USD 700 million, 40,000 acre Lake Turkana Wind Power Project – which is located in Kenya.

The project’s 310 megawatt capacity is expected to boost Kenya’s installed energy capacity by 20 percent.

According to the report, if the deal is finalised, Google would be a minority stakeholder; however, Google has declined to comment on its involvement.

According to CNBC’s sources, no deal has been finalised as of yet. Kwame Parker, head of power …read more