KenGen Seeks Investors For Green Energy Park
Kenya Electricity Generating Company (KenGen) is inviting proposals from investors and individual manufacturing or processing firms to lease land and set up operations at its planned green energy park in Olkaria, Nakuru county in western Kenya.
KenGen is establishing the energy park across 845 acres at its geothermal hub in Olkaria, located some 130km from the capital Nairobi.
Investors are being sought that can utilise the geothermal steam and/or brine, raw water and electricity from the hub.
The following opportunities are available at the park:
– Medium and heavy industries – manufacturing plants and factories;- Steam-intensive industries – pulp and paper, wood and wood products, textiles and apparel, food and beverages, leather industries;- Light industries – warehousing and logistics and supporting light industries. The benefits available to investors in the energy park include:
– Access to clean power from KenGen’s 800MW Olkaria geothermal development;- Competitive utility costs especially for power, access to brine and steam for heat/steam-intensive industries, and availability of water from onsite reservoirs and wastewater treatment infrastructure;- Connectivity via rail and road to major seaports and airports;- Proximity to residential centres and urban settlements. The masterplan for the green energy park also includes non-industrial facilities such as offices, data centres, research and development buildings, hospitality spaces, a visitor experience centre, and administrative and commercial facilities.
The park is planned to be developed in four phases between 2025 and 2045.
A sod-turning ceremony was held on 31 August to mark the start of construction of the local Konza Technopolis Development Authority’s 100-acre Olkaria EcoCloud Tier IV data centre at the park.
Speaking during the ceremony, Cabinet Secretary for Energy and Petroleum Davis Chirchir said KenGen will sell power to firms at US$0.07 a kWh, which is “probably the most competitive price of energy anywhere in the world today”.
Photo: Olkaria geothermal development (Source: Facebook @ KenGen)
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