GCube to insure Kinangop

Kenya is updating its transmission system

Kenya is updating its transmission system

Kenyan developer Aeolus has tapped Britain's GCube for insurance services for its 60.8MW Kinangop wind farm.

Under the deal for Kinangop, being built by Iberdrola Engineering around 38 GE 1.6MW turbines and expected on line in January 2015, GCube will underwrite construction and start-up delays as well as operational risks.  

“The Kinangop project will be a real test of Kenya’s potential in wind energy,” says GCube head of onshore wind Stuart Burchell. “As the country looks to expand its power resource, along increasingly clean-technology lines, developments like Kinangop will become instrumental in paving the way for future renewable projects.”

Kinangop will be one of the largest wind projects so far in sub-Saharan Africa, generating power to supply the equivalent of 150,000 homes.

The national grid operator, Kenya Electricity Transmission, recently announced plans to build the Nairobi Ring, an electricity distribution system including a high-voltage network, four new substations and the extension of the city’s largest existing substation.

The Kinangop project brings GCube’s total insured capacity for African wind energy to more than 1.3GW. 

Brazil approves QGER wind start-up

02 September 2014 05:21 GMT

Warnings on UK funding mechanism

02 September 2014 03:56 GMT

TenneT: Offshore lag continues

02 September 2014 03:16 GMT

Two extra years for Kriegers Flak

02 September 2014 03:07 GMT

Move on Brazilian local content

02 September 2014 10:59 GMT

Heritage fears sink wind project

02 September 2014 12:07 GMT

250MW of Polish wind sold

02 September 2014 11:41 GMT

JDR nets Dudgeon cable deal

02 September 2014 11:16 GMT

INTERVIEW: Hermann Albers, BWE

02 September 2014 09:05 GMT

Atlantic Array data made public

02 September 2014 09:46 GMT

IN DEPTH: Europe's wind capital

02 September 2014 09:15 GMT

Vestas gets 58MW Poland order

01 September 2014 05:44 GMT

IN DEPTH: UK offshore game-changer

02 September 2014 09:12 GMT

Glennmont round raises €500m

01 September 2014 04:34 GMT

Scots grant licence for EOWDC

01 September 2014 03:00 GMT

IN DEPTH: Siemens' bid to stay top

01 September 2014 09:13 GMT

Aikengall extension opposed

01 September 2014 02:31 GMT

Drive to cut UK offshore costs

01 September 2014 01:21 GMT

Met Office launches German service

01 September 2014 12:43 GMT

Mainstream switches strategy

01 September 2014 12:29 GMT

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?


Recharge Monthly Magazine