By Beverley Mitchell, Source: Inhabitat

Kenyan President Uhuru Kenyatta has just opened the world’s largest single turbine geothermal power plant, which will add 140 Megawatts (MW) to the country’s national electricity grid. The project is viewed as a major boon for development initiatives and poverty reduction in Kenya and is anticipated to reduce electricity costs in the nation by 50 percent by early 2015. The Olkaria IV power plant cost $126.5 million to build and is expected to have an immediate effect on power prices, which will result in flow on benefits to the price of essential goods and the cost of living.

Read more at: Inhabitat