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Browsing: European Union in Kenya
- EIB Vice President confirms EIB support for green hydrogen engagement with President Ruto
- New agreement to develop and unlock investment to produce green hydrogen using renewable energy
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The European Investment Bank (EIB) has committed to support and strengthen green hydrogen investment in Kenya.
Thomas Östros, European Investment Bank Vice President and Professor Njuguna Ndung’u, Cabinet Secretary, National Treasury and Economic Planning signed the Joint Declaration on Renewable Clean Hydrogen following discussions on green hydrogen investment with Kenya’s President William Ruto.
“Kenya has some of the best renewable energy sources in the world if the storage components were equally developed. The route to storage has the potential to develop green hydrogen to deliver sustainable, green and inclusive growth. Today’s agreement builds on decades of close cooperation with the European Investment Bank to support renewable energy across Kenya. Together we will develop …