{"id":7045,"date":"2019-12-09T09:10:14","date_gmt":"2019-12-09T06:10:14","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=7045"},"modified":"2026-01-11T05:30:45","modified_gmt":"2026-01-11T05:30:45","slug":"google-seeks-to-buy-stake-in-lake-turkana-wind-farm","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2019\/12\/09\/google-seeks-to-buy-stake-in-lake-turkana-wind-farm\/","title":{"rendered":"Google Seeks To Buy Stake In Lake Turkana Wind Farm"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>By Victor Juma <\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">American technology giant Google is among a group of global firms seeking to invest in Lake Turkana Wind Power (LTWP), Kenya\u2019s largest private-sector project that was officially commissioned in July.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The wind farm, with a 310 megawatt (MW) capacity, has\nattracted the attention of investors interested in green energy projects.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Google\u2019s interest in LTWP has been disclosed by Norwegian\ninvestment company Norfund which has a six percent stake in the power plant.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cNow that the plant is operational, more international\ninvestors, including Google, are looking to invest,\u201d Norfund says in its latest\nannual report.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Besides the online advertising business, Google also runs\nother ventures including investments in renewable energy projects.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The conglomerate has invested billions of dollars in solar\nand wind power plants with a total capacity of 5,475 MW to generate returns\nbesides contributing to the effort in fighting climate change.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIn 2017, we became the first company of our size to match\nour entire annual electricity consumption with renewable energy (and then we\ndid it again in 2018),\u201d Google\u2019s chief executive Sundar Pichai said in blog\npublished in September.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cAs a result, we became the largest corporate buyer of\nrenewable energy in the world.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He added that the multinational now has an interest in 52\nrenewable energy projects around the world, committing more than $7 billion\n(Sh712 billion) in construction that will create thousands of new jobs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Norfund\u2019s stake in LTWP, the largest wind farm of its kind in Africa, was acquired in 2013 at a cost equivalent to Sh1.2 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.businessdailyafrica.com\/corporate\/companies\/Google-seeks-to-buy-stake-in-Lake-Turkana-wind-farm\/4003102-5378138-utrgnaz\/index.html\">Read More&#8230; <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Victor Juma American technology giant Google is among a group of global firms seeking to invest in Lake Turkana Wind Power (LTWP), Kenya\u2019s largest private-sector project that was officially&hellip;<\/p>\n","protected":false},"author":3,"featured_media":7046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pagelayer_contact_templates":[],"_pagelayer_content":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[101],"tags":[],"class_list":["post-7045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news"],"_links":{"self":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/7045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/comments?post=7045"}],"version-history":[{"count":0,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/7045\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media\/7046"}],"wp:attachment":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media?parent=7045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/categories?post=7045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/tags?post=7045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}