Browsing: Kengen

• 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
• EIB and Kenya to identify potential green hydrogen investment projects

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 …

• Kenya Power is at the center of electric motorization as it has to ensure adequate and reliable electricity supply to spur the growth of this nascent industry.
• GIZ is keen to help Kenya develop a framework that will support a coordinated approach toward the implementation of electric motorization in the country.
• Kenya Power has already announced plans to phase out fossil fuel-powered vehicles and motorbikes from its fleet in favour of electric-powered ones.

Kenya’s ambitious goal to expand the Electric Vehicles (EVs) market has received backing from the Germany government, in what could help the East African nation fast-track adoption of the environmentally friendly units.

More than 300 experts drawn from the energy, finance, and transport sectors, as well as county governments, development partners, and the private sector will meet in Nairobi for an e-mobility conference scheduled for February 7-8. The forum will focus on the road map for electric …

• President Uhuru Kenyatta has commissioned KenGen’s Olkaria I Additional Unit 6 Geothermal Power Plant
• This injects an additional 86MW into the national grid and advances Kenya’s green energy leadership
• The power plant propels KenGen’s total installed energy capacity to 1,904MW while its geothermal capacity now stands at 799MW

President Uhuru Kenyatta has commissioned KenGen’s Olkaria I Additional Unit (AU) 6 Geothermal Power Plant, injecting an additional 86MW into the national grid. The move by Kenyatta further advances Kenya’s green energy leadership.

According to KenGen, the power plant, which was commissioned in 2018, propels KenGen’s total installed energy capacity to 1,904MW while its geothermal capacity now stands at 799MW.

The company added that the commissioning of the plant further demonstrates the government’s effort to build a greener national energy pool from clean energy sources.

Kenyan government pledges to accelerate deployment of renewable energy to reduce cost of electricity

President Kenya also …

• The hydropower project is worth an estimated US$1.3 billion that will see Ethiopia import 400 Megawatts of power annually.
• The World Bank approved US$684 million for the power line in 2012- Kenya got US$441 million of the share, and Ethiopia got US$243 million- raising eyebrows why the project has not been completed ten years later.
• The project started in 2012, but Ethiopia has blamed Kenya for the delays even after several lenders allocated funds for the project.

Kenya Ethiopia Electricity Trade

President Uhuru Kenyatta’s administration has reached a new agreement with Ethiopia to gear up further the purchase of cheap hydropower from Addis Ababa.

The two countries agreed with an Ethiopian delegation, led by Ethiopia’s Minister for Finance, Eyob Tekalign, visiting Nairobi from February 2nd to 4th this year.

The new arrangement was revised on previously signed power trade agreements. The two countries finalised the operational guidelines and procedures and …

The start-up has converted more than 170 vehicles from petrol and diesel engines to electric powered ones. The company is building supporting infrastructure to their cause through installation of public charging stations.

Brand new OPIBUS electric buses will cost US$100,000.

The chief strategy and marketing officers at OPIBUS, Albin Wilson said that the company would be testing 10 of their buses in Nairobi to ensure that the product fits and is optimized to the usage patterns in the country.…

Future plans for the company include starting work on another Ethiopian project. The firm has also signed a contract worth US$7.9 million to drill three geothermal wells in Djibouti. 
KenGen, in its attempts to boost its revenues, has eyes for similar deals in Tanzania, Uganda, Rwanda, Sudan, South Sudan and Comoros. This is where the company may floor Kenya’s monopoly power utility company.
There has been disorder after KenGen previously rejected a plea from Kenya Power to avoid paying a penalty of US$9.36 million which had accumulated due to late sales payment. …

• Kenya has committed to fast-track the deployment of renewable energy as a driver for economic development in the country
• KenGen is East Africa’s largest electricity producer and among the top 10 leading geothermal energy producers in the world
• About 86% of KenGen’s installed capacity of 1,818MW comes from renewable and clean energy sources, namely hydro, geothermal and wind

East Africa’s largest economy Kenya has committed to fast-track the deployment of renewable energy as a driver for economic development in the country.

This commitment was made by Monica Juma, Cabinet Secretary, Ministry of Energy during her inaugural visit to Olkaria, Naivasha to inspect and assess KenGen’s geothermal power facilities.

CS Juma said renewable energy is the preferred option for Kenya adding that the move would also help attract foreign investments in Kenya’s energy sector. She was accompanied by Gordon Kihalangwa, the Principal Secretary of the Ministry of Energy.

The CS lauded …

The Djiboutian venture is part of KenGen’s ambitious diversification strategy, in which the company is seeking to acquire new revenue streams by offering commercial drilling services, geothermal consulting and other related services across Africa.

This is the third mega geothermal drilling contract that KenGen is implementing in Africa. In October 2019, the company secured a KSh 5.8 billion contract to drill 12 geothermal wells in Ethiopia.

The contract with Ethiopia’s independent power producer Tulu Moye Geothermal Operations (TMGO) PLC includes installing a water supply system and equipment.…

Kenya, East Africa’s largest and most advanced economy is currently the leading region exploring and installing geothermal energy capacity (standing at 676 MegaWatts, 2019) according to ESI Africa, hence Kenya is seeking to expand its geothermal mastery.

On a larger scale, the geothermal technology is rather at an initial phase in Africa, as developed nations take the lead, including high-installed capacities in the US with more than 3.8 gigawatts, according to Power Technology publication.

Kenya Electricity Generating company has taken its interest to another level, as it seeks to raise at least $1.95 billion to build new and upgrade existing plants “in a bid to almost double its output from the renewable fuel” according to information from Bloomberg News.

The Kenyan power company ambitions will make Kenya a competitive powerhouse, as the country has a total installed capacity of 2.4GW, the stated-owned company anticipated to sweep more than 651 megawatts …