26 seconds ago 2009-11-23T00:19:48-08:00
NAIROBI (AFP) – A Kenyan wind power project aiming to be the biggest in sub-Saharan Africa suffered a setback Tuesday after talks with one of the key investors foundered, an official said.
Consortium chief of the Lake Turkana Wind Project in northern Kenya said British energy firm Globeleq pegged its participation on the building of a transmission line from the remote region.
"We did not agree on that because the project would have been delayed by 12 to 20 months," Carlo Van Wageningen told AFP by phone.
Van Wageningen said fresh talks would be opened with another investor, which he said was much bigger than Globeleq, an affiliate of the British CDC Group specialising in power projects in emerging markets.
The Kenyan wind project is set to produce 300 megawatts. Egypt currently produces 240 megawatts of power from wind and is expected to increase to 350 megawatts after expansion.
