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Kenya Plans Production of 3,000MW of ‘Green Energy’ By 2018

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Sept. 8 (Bloomberg) -- Kenya, east Africa’s biggest economy, plans to produce 3,000 megawatts of electricity from green sources over the next eight years, according to a statement in the Nairobi-based Daily Nation newspaper.

Most of the electricity will be generated from geothermal and wind projects, Edward Njoroge, Managing Director of Kenya Electricity Generating Co., the nation’s biggest electricity producer, said today in the statement.

KenGen, as it is known, will inaugurate a 5.1 megawatt wind power project in Ngong, 18 kilometers (11 miles) north of the capital Nairobi, Njoroge said.

“We embarked on this project in 2007 after the signing of a commercial agreement between KenGen and TPF-Econoler SA of Belgium for a grid connected wind farm,” he said.

In July 2009 KenGen said construction of the first phase, with a capacity of 5.1 megawatts powered by six turbines, was financed with a 10 million-euro loan from Belgium.

KenGen plans to increase its wind energy capacity in Ngong to 25.5 megawatts by the end of 2012, he said. Sourcing of companies to be awarded two separate contracts of 6.8 mega watts and 13.6 mega watts is underway, he added.

The 6.8 megawatts project will be funded using a loan from Belgium while the 13.6 megawatts project will be financed through a 20 million-euro loan from Spain, Njoroge said.

Link to Company News:{KEGC KN <Equity> CN <GO>}

To contact the reporter on this story: Eric Ombok in Nairobi at eombok@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net

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