Articles for tag: Bitcoin Mining, energy infrastructure, energy waste, geothermal energy, Kenya, renewable energy, sustainable practices

Market News

Bitcoin’s Role in Promoting Affordable Green Energy Production in Kenya: A Sustainable Future

In Kenya’s Rift Valley, a local geothermal power plant is generating more energy than it can use, creating an opportunity for bitcoin mining. The Oserian Development Company partners with Gridless, a startup that mines bitcoin by using excess electricity from the plant. This unconventional solution helps stabilize the energy grid while providing income from mined ...

Market News

Protests erupt in Kenya over Gautam Adani’s controversial airport deal, marred by lawsuits, corruption allegations, and government secrecy.

Protests erupt in Kenya over Gautam Adani’s controversial airport deal, marred by lawsuits, corruption allegations, and government secrecy.

Gautam Adani’s proposal to manage Kenya’s primary airport has led to widespread protests, legal challenges, and Senate hearings. The Adani Group is facing scrutiny amid allegations of corruption and a Swiss money laundering probe. A Kenyan court has frozen the deal, which would allow Adani to run Jomo Kenyatta International Airport for 30 years, fueling ...

Market News

Adani Group expands globally, launching subsidiaries in China and Kenya to enhance supply chain capabilities and airport operations.

Adani Group expands globally, launching subsidiaries in China and Kenya to enhance supply chain capabilities and airport operations.

Adani Group is expanding its global footprint by establishing a new subsidiary in China called Adani Energy Resources (Shanghai) Co. (AERCL), which will focus on supply chain solutions and project management services. This new venture, registered on September 2, 2024, follows a similar move in Kenya with the formation of Airports Infrastructure PLC, aimed at ...

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