Electricity generating company, KenGen has signed a deal with Obama Power Africa Intiative to increase electricity generation from geothermal production. The signing follows plans the firm has in developing 140MW of geothermal from Olkaria VI through joint venture agreement.

Electricity generating company, KenGen has signed a deal with Obama Power Africa Intiative to increase electricity generation from geothermal production. The signing follows plans the firm has in developing 140MW of geothermal from Olkaria VI through joint venture agreement.

The deal will see Kenya’s power capacity increase to about 2500MW in the next 10 years with the deal. This includes 720 megawatts to be delivered by 2020. The company’s total generation capacity currently stands at about 1,600 megawatts.
Additionally, the US government-led initiative will assist in completing ongoing projects due by 2018. Additionally, US anticipates to provide technical expertise to KenGen in the areas of development, management and financial structuring to attract private investments into geothermal projects.

The initiative launched in 2013, aims at supporting economic growth and development by increasing access to reliable, affordable, and sustainable power in Africa. The program is designed as a multi-stakeholder partnership among the governments of the United States of America, Tanzania, Kenya, Ethiopia, Ghana, Nigeria and Liberia and the African private sector.

In February 2016, President Barack Obama signed into law the Electrify Africa Act, a measure aimed at expanding electricity to millions of households in sub-Saharan Africa. The law will help some 50 million people in underserved parts of Africa in order to make electricity accessible.

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