In late October at Olkaria, a town in the heart of Kenya’s Rift Valley, massive turbines roared for the first time and like the first cry of a baby, they signified a new birth of what was termed by the government as affordable energy.
This was the commissioning of the Olkaria IV project which also set a new record for the East African nation, making it home of the largest single geothermal plant in the world.
The plant will harness heat from the earth’s crust to generate some 140 megawatts.
But the Rift Valley, which runs from Ethiopia to Mozambique, is estimated to have some potential 15,000 megawatts and US energy firms are streaming to the region to sink their drills into a piece of the geothermal pie.
In the last few weeks, power companies from Nevada to New York have been cutting deals to put up power plant that are expected to generate millions in revenues.Nevada-based Ormat Technology, Symbion Energy of Washington DC and the Civicon, a Kenyan […]