{"id":103766,"date":"2024-11-29T10:04:55","date_gmt":"2024-11-29T10:04:55","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/index.php\/2024\/11\/29\/kengen-kicks-off-assessment-of-ksh-250m-eswatini-geothermal-project\/"},"modified":"2024-11-29T10:04:55","modified_gmt":"2024-11-29T10:04:55","slug":"kengen-kicks-off-assessment-of-ksh-250m-eswatini-geothermal-project","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/kengen-kicks-off-assessment-of-ksh-250m-eswatini-geothermal-project\/","title":{"rendered":"KenGen kicks off assessment of Ksh 250M Eswatini geothermal project"},"content":{"rendered":"<p><strong>Kenya Electricity Generating Company (KenGen) has commenced a detailed geoscientific studies on the potential of a Ksh 250 million geothermal power development project in Eswatini.<\/strong><\/p>\n<p>According to the firm, the studies which will be completed within a few months will establishing the feasibility of developing a geothermal power plant.<\/p>\n<p>\u201cOur strategic focus is on expanding our footprint beyond Kenya and leveraging our geothermal expertise to foster sustainable development across the continent. This partnership with Eswatini marks another significant step in our mission to support Africa\u2019s renewable energy ambitions and mitigate the effects of climate change.\u201d said Chief Executive Officer Peter Njenga.<\/p>\n<p>Early this year, KenGen signed the contract with the state-owned Eswatini Electricity Company (EEC) for the development of a geothermal power plant as the country seeks to harness the renewable energy to support its economic growth.<\/p>\n<p>Through the project, Eswatini also targets to achieve energy security and support sustainable development in a bid to combat climate change.<\/p>\n<p>\u201cI am optimistic that our geoscientific studies will confirm the viability of Eswatini\u2019s geothermal resources, enabling the country to increase its renewable energy portfolio and enhance its baseload capacity. This project also reinforces KenGen\u2019s strategy to diversify revenue streams and ensure financial sustainability through geothermal consultancy and related services,\u201d added Njenga.<\/p>\n<p>EEC further targets to support its energy demands which is currently pegged at 234MW against an installed capacity of 71MW.<\/p>\n<p>During the announcement at this year\u2019s AGM, KenGen Board Chairman Frank Konuche described the new partnership as a strategic move by Eswatini to tap into its natural resources while contributing to Africa\u2019s sustainable energy goals.<\/p>\n<p>\u201cFor KenGen, the project is a testament to our growing influence in geothermal development across the continent,\u201d he stated.<\/p>\n<p>The Eswatini project is one KenGen\u2019s latest geothermal development contract in Africa, following successful ventures in Djibouti, Ethiopia, and Tanzania.<\/p>\n<p>Kenya remains the continent\u2019s leading geothermal energy producer and ranks among the top 10 globally, with an installed geothermal capacity of 754MW.<\/p>\n<p>The post <a href=\"https:\/\/kbc.co.ke\/kengen-kicks-off-assessment-of-ksh-250m-eswatini-geothermal-project\/\">KenGen kicks off assessment of Ksh 250M Eswatini geothermal project<\/a> appeared first on <a href=\"https:\/\/kbc.co.ke\/\">KBC<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Kenya Electricity Generating Company (KenGen) has commenced a detailed geoscientific studies on the potential of a Ksh 250 million geothermal power development project in Eswatini. According to the firm, the studies which will be completed within a few months will establishing the feasibility of developing a geothermal power plant. \u201cOur strategic focus is on expanding [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-103766","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/103766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=103766"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/103766\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=103766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=103766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=103766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}