Kenya: Geothermal development’s turn to profit tilts energy mix

02 October 2016, Nairobi — The Geothermal Development Company (GDC) broke the loss-making streak to post Sh1.6 billion net profit in the full year ending June 2015 after inking a deal to sell steam from its Olkaria wells to the government. The State-owned firm generated its first revenue of Sh2.5 billion in the period under […] More »