Unlocking the Gigawatts of Geothermal Power in Kenya | Renewable Energy News Article
Government-owned entities, Kenya Electricity Generating Company (Kengen) and Geothermal Development Company (GDC), have been performing a massive amount of geothermal exploration, mostly concentrated in the Great Rift Valley province, which is the largest province in Kenya.
Kengen has been working at the Olkaria steam fields in Naivasha, a town 100 kilometers southwest of Nairobi and recently signed a Ksh. 11.6 billion (US $140 million) contract with Chinese companySinopec International Petroleum Company (SIPC) to develop a 280-MW geothermal power plant there.
“Though the upfront costs for its generation are high, geothermal is cheaper and clean[er] than other forms of energy and the government is putting more emphasis on geothermal. This financing is a major step in the journey to realize this reliable energy,” said Eddy Njoroge Managing Director of Kengen during the signing of the contract with SIPC.
KENYA -- Two companies leading in geothermal power exploration in Kenya have signed multimillion deals with development partners giving a major boost to the country's prospects of realizing clean, reliable energy to power the country's development.
Government-owned entities, Kenya Electricity Generating Company (Kengen) and Geothermal Development Company (GDC), have been performing a massive amount of geothermal exploration, mostly concentrated in the Great Rift Valley province, which is the largest province in Kenya.Kengen has been working at the Olkaria steam fields in Naivasha, a town 100 kilometers southwest of Nairobi and recently signed a Ksh. 11.6 billion (US $140 million) contract with Chinese companySinopec International Petroleum Company (SIPC) to develop a 280-MW geothermal power plant there.
“Though the upfront costs for its generation are high, geothermal is cheaper and clean[er] than other forms of energy and the government is putting more emphasis on geothermal. This financing is a major step in the journey to realize this reliable energy,” said Eddy Njoroge Managing Director of Kengen during the signing of the contract with SIPC.
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