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	<title>Kenya renewable energy Archives - International Finance</title>
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	<title>Kenya renewable energy Archives - International Finance</title>
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		<title>Kenya seeks to increase efforts in renewable energy</title>
		<link>https://internationalfinance.com/energy/kenya-seeks-to-increase-efforts-renewable-energy/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=kenya-seeks-to-increase-efforts-renewable-energy</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Fri, 24 Apr 2020 08:54:36 +0000</pubDate>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Africa energy]]></category>
		<category><![CDATA[clean energy]]></category>
		<category><![CDATA[geothermal energy]]></category>
		<category><![CDATA[hydropower]]></category>
		<category><![CDATA[Kenya renewable energy]]></category>
		<category><![CDATA[renewable energy]]></category>
		<category><![CDATA[Solar power]]></category>
		<category><![CDATA[wind]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=35465</guid>

					<description><![CDATA[<p>Currently, Kenya records total hydropower capacity of 743 megawatts</p>
<p>The post <a href="https://internationalfinance.com/energy/kenya-seeks-to-increase-efforts-renewable-energy/">Kenya seeks to increase efforts in renewable energy</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Kenya is seeking to focus more on its renewable energy capacity. The country is hoping to capitalise on renewable energy for the continent&#8217;s greater benefit, media reports said.</p>
<p>It is reported that Kenya currently records total hydropower capacity of 743 megawatts. Hydropower in the country has received a lot of attention since its independence, in addition to other renewable sources. In 2018, Kenya set an ambitious target to increase its share of renewable energy in its electricity mix by 2020, media reports said.</p>
<p>Last month, the Rural Electrification and Renewable Energy Corporation (REREC) partners with SAP Ariba to increase renewable energy distribution across the country. The partnership has led to the launch of Project Platinum. This partnership is expected to hugely benefit REREC in many ways. With that, RERC will be complying with one of Kenya&#8217;s official directive which states that all public companies must move to electronic platforms to make the most of advanced technologies.</p>
<p>For Africa, Kenya is spearheading the renewable energy sector with more than 70 percent of its electricity production sourced from geothermal energy.</p>
<p>Globally, nearly three-quarters of new electricity generation capacity built last year sources renewable energy. According to the International Renewable Energy Agency (IRENA), solar, wind, and other renewables cover more than one-third of the world&#8217;s power.</p>
<p>Francesco La Camera, director-general of Irena, told the media, &#8220;While the trajectory is positive, more is required to put global energy on a path with sustainable development and climate mitigation. At this challenging time, we are reminded of the importance of building resilience into our economies.”</p>
<p>The post <a href="https://internationalfinance.com/energy/kenya-seeks-to-increase-efforts-renewable-energy/">Kenya seeks to increase efforts in renewable energy</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Safaricom to diversify into energy, to supply power to the national grid</title>
		<link>https://internationalfinance.com/energy/safaricom-diversify-energy-supply-power-national-grid/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=safaricom-diversify-energy-supply-power-national-grid</link>
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		<dc:creator><![CDATA[Pritam Bordoloi]]></dc:creator>
		<pubDate>Mon, 09 Mar 2020 10:49:32 +0000</pubDate>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Africa]]></category>
		<category><![CDATA[Africa renewable energy]]></category>
		<category><![CDATA[African telecom]]></category>
		<category><![CDATA[Kenya]]></category>
		<category><![CDATA[Kenya renewable energy]]></category>
		<category><![CDATA[Kenya telecom]]></category>
		<category><![CDATA[renewable energy]]></category>
		<category><![CDATA[safaricom]]></category>
		<category><![CDATA[telecom Energy]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=34357</guid>

					<description><![CDATA[<p>The telco could supply power to the national grid from solar and wind power plants at its base stations</p>
<p>The post <a href="https://internationalfinance.com/energy/safaricom-diversify-energy-supply-power-national-grid/">Safaricom to diversify into energy, to supply power to the national grid</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Safaricom is in talks to provide excess energy from its base stations to the national grid in Kenya. Safaricom will generate renewable energy from sources such as wind and solar at its plants at is base stations.</p>
<p>Safaricom made the announcement last month that it would diversify into other sectors such as energy, healthcare, property management, and mining.</p>
<p>Earlier in 2019, Kenya introduced the Energy Act 2019 which allows households and businesses connected to the national grid to generate their own electricity and supply the excess to the national grid.</p>
<p>In return, the household or businesses earn credits which they can redeem in their next electricity bill. Safaricom plans to benefit from the act and venture into the new business line.</p>
<p>“We’re planning to enter this area; it’s something that we’ve engaged various interested parties and technical experts and discussions are still at an early stage, but it’s our intention to enter this area,” Safaricom Head of Sustainable Business and Social Impact Sanda Ojiambo told the media.</p>
<p>Currently, the telco has around 4945 cell phone towers that cover all corners of Kenya. A majority of these towers are connected to the national grid. Safaricom plans to adapt renewable energy to power its phone towers as a part of its sustainability goal.</p>
<p>Safaricom announced its green strategy during the One Planet Summit held in Nairobi.</p>
<p>Safaricom plans to increase its portfolio and invest in other sectors and at the same time increase its return on investment. The decision is also in line with President Uhuru Kenyatta’s vision of affordable housing as part of the Big Four Agenda.</p>
<p>The post <a href="https://internationalfinance.com/energy/safaricom-diversify-energy-supply-power-national-grid/">Safaricom to diversify into energy, to supply power to the national grid</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>4th Annual Power Tech Africa to boost Africa’s renewable energy market</title>
		<link>https://internationalfinance.com/event-news/4th-annual-power-tech-africa-boost-africas-renewable-energy-market/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=4th-annual-power-tech-africa-boost-africas-renewable-energy-market</link>
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		<dc:creator><![CDATA[Bharath Kumar]]></dc:creator>
		<pubDate>Thu, 23 Jan 2020 09:36:25 +0000</pubDate>
				<category><![CDATA[Event News]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Africa]]></category>
		<category><![CDATA[Africa power]]></category>
		<category><![CDATA[Africa renewable energy]]></category>
		<category><![CDATA[Bricsa Consulting]]></category>
		<category><![CDATA[clean energy]]></category>
		<category><![CDATA[electricity]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[Kenya]]></category>
		<category><![CDATA[Kenya electricity]]></category>
		<category><![CDATA[Kenya Power]]></category>
		<category><![CDATA[Kenya renewable energy]]></category>
		<category><![CDATA[Power Tech Africa]]></category>
		<category><![CDATA[renewable energy]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=31673</guid>

					<description><![CDATA[<p>Kenya aims to produce 19,200 MW of electricity exceeding the demand of 15,000 MW by 2030</p>
<p>The post <a href="https://internationalfinance.com/event-news/4th-annual-power-tech-africa-boost-africas-renewable-energy-market/">4th Annual Power Tech Africa to boost Africa’s renewable energy market</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Kenya aims to produce 19,200 MW of electricity exceeding the demand of 15,000 MW by 2030. The population in the country is expected to grow from 49 million to approximately 90 million by 2050.</p>
<p>Currently, only 40 percent of the Kenyan population has access to reliable electricity. Kenya will have 1,500 miles of new transmission lines that are under construction with plans for an additional 3,600 miles.</p>
<p>Bricsa Consulting will host the 4th Annual Power Tech Africa 2020 to discuss the latest developments in electrification and renewable energy in Africa. It is a two-day strategic business conference focused on the future of renewable energy in Africa.</p>
<p>The 4th Annual Power Tech Africa will be held at the Villa Rosa Kempinski in Nairobi, Kenya on January 30 and 31, 2020. The conference will further discuss Kenya’s electrification, digitisation in the power sector and future of energy storage and supply chain challenges in launching renewable energy projects in Africa.</p>
<p><span style="font-weight: 400;">The following topics will be discussed at the conference: </span></p>
<ul>
<li style="font-weight: 400;"><span style="font-weight: 400;">Identifying the potential of renewable energy sources such as wind, solar, tidal wave, geothermal and gas in Kenya and the Sub-Saharan Africa region</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Implementation of smart grid or off-grid technology projects using renewable energy for better and reliable power transmission in Kenya and Sub Saharan Africa</span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Sources of capitalising renewable energy power projects in Kenya and Sub Saharan Africa and exploring foreign direct investment policies for better project implementation </span></li>
<li style="font-weight: 400;"><span style="font-weight: 400;">Hybrid energy systems creating opportunities for the energy market</span></li>
</ul>
<p><b>International Finance is a media partner of the “4</b><b>th</b><b> Annual Power Tech Africa 2020 in Nairobi, Kenya.</b></p>
<p>The post <a href="https://internationalfinance.com/event-news/4th-annual-power-tech-africa-boost-africas-renewable-energy-market/">4th Annual Power Tech Africa to boost Africa’s renewable energy market</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Kenya launches Africa&#8217;s single largest wind power project</title>
		<link>https://internationalfinance.com/energy/kenya-launches-africas-single-largest-wind-power-project/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=kenya-launches-africas-single-largest-wind-power-project</link>
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		<dc:creator><![CDATA[International Finance Desk]]></dc:creator>
		<pubDate>Mon, 22 Jul 2019 07:48:04 +0000</pubDate>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[Africa renewable energy]]></category>
		<category><![CDATA[Fossil Fuel]]></category>
		<category><![CDATA[Kenya renewable energy]]></category>
		<category><![CDATA[Kenya wind power project]]></category>
		<category><![CDATA[renewable energy]]></category>
		<category><![CDATA[renewable energy goal]]></category>
		<category><![CDATA[wind energy]]></category>
		<category><![CDATA[wind power]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=26253</guid>

					<description><![CDATA[<p>The project was designed to increase Kenya’s electricity supply by 13 percent</p>
<p>The post <a href="https://internationalfinance.com/energy/kenya-launches-africas-single-largest-wind-power-project/">Kenya launches Africa&#8217;s single largest wind power project</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Kenya has launched Africa’s single largest wind power project which is expected to reduce electricity costs and fossil fuel dependence to generate 100 percent electricity from renewable energy by 2030.</span></p>
<p><span style="font-weight: 400;">According to media reports, the wind farm comprises 365 turbines </span><span style="font-weight: 400;">on the bank of Lake Turkana in northern Kenya. The project was designed to increase Kenya’s electricity supply by 13 percent.</span></p>
<p><span style="font-weight: 400;">&#8220;Kenya is without doubt on course to be a global leader in renewable energy,” President Uhuru Kenyatta said during the launch. &#8220;Today, we again raised the bar for the continent as we unveil Africa&#8217;s single largest wind farm.&#8221;</span></p>
<p><span style="font-weight: 400;">Currently, 70 percent of Kenya’s electricity is generated from renewable energy. It is in fact considered as one of the few African nations making progress in clean energy. By far, the project is the largest private investment in Kenya. </span></p>
<p><span style="font-weight: 400;">The Lake Turkana Wind Power project, which is Africa&#8217;s single largest wind power project, will also create new employment opportunities in the country. The project will generate electricity from renewable sources including geothermal and hydro, media reports said. Its geothermal capacity at 700 megawatts is the 9th largest in the world. </span></p>
<p><span style="font-weight: 400;">It’s euphoric, you start what was a dream, putting together the largest private sector investment in the history of a country that comprises the largest wind farm on the continent. In an area that is what you see here. And finally, you are able to generate and produce the power”, said Rizwan Fazal, Executive Director of the Lake Turkana Project told </span><i><span style="font-weight: 400;">Africa News. </span></i></p>
<p><span style="font-weight: 400;">Despite progress, one in four Kenyans do not have access to electricity</span><span style="font-weight: 400;">.</span><span style="font-weight: 400;"> That said, Kenyans with electricity incur high costs and face frequent blackouts.</span></p>
<p><span style="font-weight: 400;">Mugo Kibati, chairman of the Lake Turkana Wind Power, said, “Today marks an important milestone in the country&#8217;s steady march towards achieving self-sufficiency in power production.&#8221; </span></p>
<p>The post <a href="https://internationalfinance.com/energy/kenya-launches-africas-single-largest-wind-power-project/">Kenya launches Africa&#8217;s single largest wind power project</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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