2024-11-22
http://w3.windfair.net/wind-energy/pr/18684-google-looks-to-invest-in-kenya-lake-turkana-wind-power-project

News Release from windfair.net

List_windfair_logo_pos

Wind Industry Profile of


Google looks to invest in Kenya Lake Turkana Wind Power Project

According to CNBC, Google wants to back Kenya’s Lake Turkana Wind Power Project, a massive undertaking that will require more than $700 million

The Internet giant has invested more than $2bn in next-generation energy production so far, but mostly in the United States – although in 2013, Google invested $12m in South Africa’s Jasper Power Project, one of the largest solar installations in Africa. Although the continent has been experiencing fast growth, electricity is still a problem there.

The power generated by this project is expected to reach 310 megawatts, which will help increase Kenya’s energy capacity by 20%. If the deal gets finalised, which is not yet a given, Google would be a minority stakeholder. When CNBC contacted Google, the company declined to comment while an LTWP project representative stated: “Google is not involved in LTWP at present and LTWP has no agreement or understanding of any nature with Google”. “We’re helping create a clean energy future that’s better for our business and the environment”.

Rick Needham, the company’s director of energy and sustainability has said publicly that the company only undertakes investments that make financial sense with having “transformative” prospective for the escalation of clean energy.

While Google’s green investments are for profit, its philanthropic arm has supported SolarAid, which is working to build solar access for so-called off-grid African communities.

Google Inc is hardly new to sub-Saharan Africa as the tech company has offices in Kenya, Nairobi; Ghana, Accra; Nigeria, Lagos; Senegal, Dakar; Johannesburg; and Uganda, Kampala. Google also has significant interest in wind power on the technology side.

Film Clip thanks to CCTV Global

To receive more information on this article, our Newsletter or find out more about what w3.windfair.net has to offer, please, do not hesitate to contact Trevor Sievert at ts@windfair.net.

Please don't forget to follow us on Twitter: w3.windfair.net on Twitter

w3.windfair.net is the largest international B2B internet platform in wind energy – ultimately designed for connecting wind energy enthusiasts and companies across the globe.

Source:
Google
Author:
Trevor Sievert, Online Editorial Journalist
Email:
ts@windfair.net
Link:
w3.windfair.net/...



All news from windfair.net

List_windfair_logo_pos

news in archive





Keyword Search

© smart dolphin Gmbh 1999 - 2024 | Legal Notice | Windfair Editors | Privacy Policy | The Windfair Pocket Wind 2020