- GE's flagship onshore wind project in Sub-Sahara Africa — 60 1.7-103 units
- GE EFS and Renewable Energy partner to deliver 100MW wind power project in Kenya
- Kipeto will produce enough electricity to power the equivalent of 40,000 homes
GE Connects Financing and Turbine Technology to its Flagship Onshore Wind Project in Sub-Sahara Africa
GE Renewable Energy and GE Energy Financial Services ("GE EFS") have partnered to provide technology and advisory support for its flagship onshore wind project in Sub-Sahara Africa. Kipeto Energy Plc's ("Kipeto") 100-megawatt (MW) wind power project is located south of Nairobi, in Kajiado, Kenya.
GE Renewable Energy will provide 60 of its highly efficient GE 1.7-103 turbines to the Kipeto project, providing power to the equivalent of approximately 40,000 homes in the region. The 100MW Kipeto wind power project will provide clean energy to the national grid as a significant contribution to Kenya's Vision 2030 and Big Four Agenda. The project is expected to reach commercial operation in 2020.
Peter Wells, GE's Onshore Wind Regional Director for Europe and Sub-Saharan Africa, said: "GE is incredibly proud to be a part of this exciting endeavor. The Kipeto project is an important step forward in providing affordable, reliable clean energy to the region, and meeting Kenya's renewable energy goals. We look forward to working with our partners on the journey for years to come."
The Kipeto wind power project, which reached financial close yesterday, is funded by equity from Actis and a Kenyan company, Craftskills Wind Energy International, alongside senior debt from the Overseas Private Investment Corporation (OPIC), the United States government's development finance institution (DFI).
Subha Nagarajan, Managing Director, GE EFS' Global Capital Advisory, said: "Kipeto represents our ability to identify and connect capital from leading government agencies to emerging markets, and enable construction of GE's wind projects in new markets. The project lays foundation for cleaner and more reliable energy for the local communities in the future."
GE Renewable Energy will also provide operations and maintenance services for the wind turbines. The Kipeto project was originally conceived by Craftskills Wind Energy International, with support from GE. AIIM and IFC InfraVentures co-developed the project with Craftskills from 2014 until early 2018, executing a 20-year Power Purchase Agreement (PPA) with Kenya Power and Lighting in 2016.
GE Renewable Energy. Press release - GE Connects Financing and Turbine Technology to its Flagship Onshore Wind Project in Sub-Sahara Africa. URL: https://www.genewsroom.com/press-releases/ge-connects-financing-and-turbine-tech.... [Date Accessed: 18/12/2018].
- Project to utilize 58 SG 8.0-167 DD offshore wind turbines; 17-year Long Term Service agreement with logistics included
- SeaMade is the name of two combined offshore wind projects, previously known as Mermaid (235 MW) and Seastar (252 MW)
- Clean energy to be provided to 485,000 households
- Installation and commissioning expected to be completed before the end of 2020
- Agreement signed with Future Wind includes five years of testing and 15 years of service
- Installation of Haliade-X 12 MW will take place during summer 2019
- A $11 million R&D program to be implemented over the next four years to improve reliability, drive down operating costs and improve safety of offshore wind operations
- The agreement will provide new digital and service solutions for operating and maintaining wind turbines remotely
- Collaboration will increase innovation and growth opportunities for the UK supply chain
GE Renewable Energy and the UK's Offshore Renewable Energy (ORE) Catapult have signed a five-year research and development agreement to test and develop next generation offshore wind technologies.
Project Development & Execution
Paris, March 8th, 2018 – GE Renewable Energy announces today the installation of the first GE HaliadeTM 150-6MW offshore wind turbine at the 396MW Merkur Offshore Windfarm in Germany, located approximately 35km north of the island of Borkum, in the North Sea.