Djibouti Pays KenGen: A $1 Million Offer on a Five-Year-Old Geothermal Drilling Debt Djibouti has finally moved to pay part of what it owes Kenya Electricity Generating Company (KenGen) for drilling work done near Lake Assal. The amount is small next to KenGen's balance sheet. What it says about selling geothermal drilling services across Africa matters a lot more. KenGen's latest annual report says Djibouti's state geothermal agency, the Office Djiboutien de Développement de l'Énergie Géothermique (ODDEG), has offered a first instalment of about $1 million (Sh129 million) against outstanding invoices of $2.13 million (Sh276.03 million), according to Business Daily. "ODDEG has acknowledged the debt and has proposed an initial payment of $1 million as the first instalment towards settlement," KenGen said in the report. KenGen is Kenya's largest power producer, with about 54% of the market. The Kenyan government owns 70% of the company and the public holds t...
Geothermal Energy Project in Gräfelfing Receives Major Approval Milestone By : Robert Buluma Good news is on the horizon for renewable energy enthusiasts in Gräfelfing, as the main operating plan for a groundbreaking geothermal energy project has been approved by the South Bavaria Mining Authority. This approval marks a significant step forward in the journey towards sustainable energy solutions for the region. Overview of the Project Geothermie Gräfelfing GmbH & Co. KG, after meticulous planning and submission of necessary documents, received the green light for the construction of a drilling site and the sinking of boreholes. The approval process involved thorough reviews by various governmental bodies, including state offices for the environment and monument preservation, local municipal authorities, and water management offices. Public Interest and Environmental Considerations The approval underscores the project's alignment with Germany's constitutional commitment to ...