Kenya's president launches Africa's largest wind farm

NAIROBI, Kenya (AP) — Kenya's president has launched what officials call Africa's largest wind farm, a project that is reducing electricity costs in a bid to attract investors to East Africa's commercial hub.

President Uhuru Kenyatta has said Kenya is the only African nation to reach the goal of making renewable energy 75 percent of its energy mix. The Lake Turkana Wind Power project, which first connected to the national grid last year, is expected to provide 17 percent of the country's energy.

The wind farm officially launched on Friday is expected to significantly reduce reliance on costly diesel-powered generators.

Project chief executive Rizwan Fazal has said electricity from the wind farm already has helped to significantly reduce the cost of power.

Where should you invest $1,000 right now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Featured Articles and Offers

Search Headlines: