Germany, through the German Development Bank (KfW), has allocated Sh6 billion to finance the rehabilitation of two geothermal power plants in Olkaria, Naivasha.
This initiative is aimed at supporting Kenya’s plan to replace thermal power with green energy by 2030.
A delegation from Germany is scheduled to visit the geothermal plants and other development projects in Kenya.
The rehabilitation of the Olkaria I and IV power plants by Kengen is expected to generate an additional 40 MW to the national grid.
The Foreign Affairs Cabinet Secretary, Alfred Mutua, has stated that Kenya is committed to phasing out expensive thermal power.
Currently, 92 per cent of the electricity generated in the country is from green energy, and the government aims to increase this to 100 per cent by tapping into geothermal, hydro, wind, and solar power.
“Due to climate change, many countries which rely on hydro-power and gas are facing electricity challenges unlike Kenya where power rationing and blackouts are things of the past,” Mutua said
Due to the potential of green energy, mainly from geothermal sources, Kenya could become a significant electricity exporter in the region.
The government has already signed an agreement with an Australian company to produce green hydrogen and is seeking more investors in this field.
“The government has already signed an agreement with an Australian company on the production of green hydrogen as we seek more investors in this field,” he added.
