Akiira geothermal project is a 140MW geothermal power project. It is planned in Nakuru, Kenya. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in 2025. Buy the profile here.

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Description

The project is being developed by Akiira Geothermal and DI Frontier Market Energy & Carbon Fund. The project is currently owned by Akiira Geothermal.

The geothermal plant is of binary type.

Development status

Post completion of the construction, the project is expected to get commissioned in 2025.

Power purchase agreement

The power generated from the project will be sold to Kenya Power and Lighting under a power purchase agreement. The power will be sold at the rate of $0.092kWh for a period of 25 years. The capacity to be procured is 70MW.

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This content was updated on 14 October 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.