Lake Turkana wind farm in Kenya is one of the best wind sites in the world

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FinnfundFinland

FinnfundFinland

3 ай бұрын

Finnfund was a shareholder in Lake Turkana Wind Power Limited (LTWP) in Kenya, owning and operating the largest wind farm in Africa since its construction began in 2014. Lake Turkana wind farm was connected to the national grid in 2018. Today, it meets up to approximately 14% of Kenya’s current electricity demand, serving 1.2 million homes.

Пікірлер: 51
@coachez5792
@coachez5792 20 күн бұрын
This was supposed to be a great and monumental project for Kenya but incompetence and I suspect corruption ended up messing up Kenyans.1st, this project doesn't produce the promised 310 MW capacity, but Kenya pays the company based on its installed capacity and not what it generates. 2nd, the project was completed in 2017 but somehow Kentraco had not completed the transmission lines to connect it to the national grid. So we ended up paying 14.5 billion for power generated that we didn't even use (this one was our fault, not the investor's fault). 3rd, the power purchase deal means we will buy power from the investors for 20 years, after which the company will revert to the government, the problem with this is that wind turbines have a life span of 20 years meaning we will basically inherit unproductive wind turbines. This is why electricity in Kenya keeps going up
@MansaKimani
@MansaKimani 22 күн бұрын
As A Kenyan, I Appreciate This
@EricMuriithi7
@EricMuriithi7 2 ай бұрын
Good job FinnFund. Build more
@michaelmwalii6878
@michaelmwalii6878 29 күн бұрын
Great investment , I love these type of stories ., more life to you
@prot6liv981
@prot6liv981 2 ай бұрын
Amazing 🇰🇪💯
@gw7768
@gw7768 16 күн бұрын
Amazing disconnect between the video (advert. Because thats what it is) and most of the comments aka reality on the ground.
@JacobOche-iy5zr
@JacobOche-iy5zr 22 күн бұрын
Just imagine Marsabit country headquarters were Turkana wind power situated have no power supply so what's benefit for wind power
@emmaochieng3093
@emmaochieng3093 16 күн бұрын
PPPs are a great idea for the investor if they can complete and exit on time. We may need to assess why we aren't seeing that many take off or conclude.
@mush337
@mush337 Ай бұрын
This is a good project that can yield good profits for your people in Europe
@our10picks18
@our10picks18 16 күн бұрын
And now KENGEN is planning another 1000 MW wind farm still in Marsabit 😊
@joemurrey6772
@joemurrey6772 Ай бұрын
Who owns the company?
@OsmanK699
@OsmanK699 Ай бұрын
Blackrock as of March 2024..
@ajwangO478-xk4zs
@ajwangO478-xk4zs 11 күн бұрын
​@@OsmanK699Is it??
@esinyenetabo2356
@esinyenetabo2356 24 күн бұрын
How comes the Turkana County Government isn't well benefited from this project? C'on.
@JohnMuithere-yb7fc
@JohnMuithere-yb7fc 17 күн бұрын
When i was growing up back 80s,i could hear the government how kenya will be self sufficient with power once the geothermal project in longonot is complete. Now we have turkana wind power on top of geothermal. But look at the much kenyans are buying power. The same with water. May b we should give the country back to colonialist. Our people eat eat eat like they will buy pIots in the grave. Its a shame shame shame shame.
@kiprotichsalat2460
@kiprotichsalat2460 2 ай бұрын
Inefficient montrosities. Why do you need to advertise yet you're on PPP. Nucleur is the way
@mosesodhis365
@mosesodhis365 Ай бұрын
No to nuclear
@Pmooli
@Pmooli Ай бұрын
Blackrock has bought them out.....we will pay through the nose
@AmazingMania
@AmazingMania Ай бұрын
Continue making noise... wind is cheaper and environmentally friendly
@kiprotichsalat2460
@kiprotichsalat2460 Ай бұрын
@@AmazingMania Nucluer produces 10,000 X more energy than wind while with zero emissions
@cocofresh6974
@cocofresh6974 25 күн бұрын
Nuclear???
@jessendungu2334
@jessendungu2334 22 күн бұрын
Lie kenya has no power issues at all
@coachez5792
@coachez5792 20 күн бұрын
Only 75% of Kenyans have access to electricity. And in most rural areas, electricity is extremely unreliable. Electricity is also very expensive in Kenya and this really affects our manufacturing sector. We can do waaay better
@johnlobuin4212
@johnlobuin4212 2 ай бұрын
Yes, but the residents will never get a profit share. They are just proud of the installation. They have to pay for the service.
@Maweresistance
@Maweresistance Ай бұрын
Narrow mindedness! Thing BIG buddy... you want each resident to be given ksh 20000 a month? Jinga type!
@johnlobuin4212
@johnlobuin4212 Ай бұрын
@@Maweresistance You are exploiting them by taking advantage of their poverty and lack of knowledge. Such project should be done by a public institution
@AmazingMania
@AmazingMania Ай бұрын
​​@@johnlobuin4212 Africans always looking for negatives...... always whining and crying over everything can you change your perspective and realise this land is being utilised? You're always talking about exploitation and poverty as scapegoats...nobody will come to save you ......😂😂😂
@philipngure7045
@philipngure7045 Ай бұрын
​@@johnlobuin4212The fact is that if your plan is followed, development will never be realised in the foreseeable future.There is no exploitation here, the local community is enjoying social benefits such as schools and water.
@user-ze5zk7eu6j
@user-ze5zk7eu6j Ай бұрын
Should people be given money for free.. everybody is responsible for himself or herself
@Labroke
@Labroke 24 күн бұрын
Kenya still has weekly power cuts what are you talking about seriously!!🙆🏽‍♂️
@shic254
@shic254 23 күн бұрын
which kenya? talk of what you know
@patriot_2022
@patriot_2022 21 күн бұрын
What are you on about?
@patriot_2022
@patriot_2022 21 күн бұрын
You must not start following any of the nonsense people who don't even know Kenya start posting. Kenya has no 'weekly power cuts'. Our power production has always been exceeding demand. And we have a lot of options for production, many of which are not even in use. The outages experienced are about transmission being overloaded, and that is what the government is fixing. This whole thing of the Lake Turkana wind farm was intended to replace the few coal plants that are still in operation and shut them down.
@coachez5792
@coachez5792 20 күн бұрын
@@patriot_2022 It doesn't exceed demand. Part of why power is so expensive in Kenya is because we don't produce enough electricity. We even rely on expensive diesel generators.
@patriot_2022
@patriot_2022 20 күн бұрын
@@coachez5792 buddy why don't you look things up first? This country only ever had lower supply than demand in the early years of Kibaki. Our electricity is costly because some of it comes from the expensive coal plant in Muhoroni, but mainly because of corruption. The cost is highly inflated. Corrupt people took a lot of loans which they stole and put KPLC in big debt. Part of what we are paying is covering that. You should know that while there is capacity to produce sufficient power already, we are also importing from Uganda. And recently there has been plans to import from Ethiopia's GERD. All of these are to create redundancy and diversifying sources. The most recent longest blackout we had almost across the country, was because it rained and hydro dams were producing much more than the systems could handle. We have continued to have transmission lines getting overloaded because power is not being used, and they fail causing blackouts. Businesses use diesel generators to cover for those blackouts caused by excess power. Next time things happen, please read up the reasons.
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