Kenya Electricity Generating Company (KenGen) CEO Rebecca Miano attended the United Nations Organisation General Assembly (UNGA).
She among other key leaders spoke extensively about climate change and the role of renewable energy.
Over the years, KenGen has received concessionary funding from DFIs such as Japan International Cooperation Agency (JICA), European Investment Bank (EIB), African Deveopment Bank (AfDB), The World Bank (WB), and KfW Development Bank. With this, the company has developed many renewable energy projects in Hydro, Geothermal and wind.
KenGen believes that working collaboratively with partners generates the kind of energy that fuels growth, innovation and creativity.
“Based on our experience, we seek to inspire business leaders in private & public sectors to take deliberate steps towards limiting global warming to 1.5°C & eventually to #NetZero & maintain this across the global supply chain”, Rebecca Miano said.
As participant member of the Global Compact, KenGen remains committed to aligning its activities to the ambition of reducing global warming to 1.5°C through the deployment of clean and renewable energy projects.
Geothermal will be the biggest contributor to the world’s future energy generation projects. KenGen’s research shows, Kenya has an abundance of the resource in the Rift Valley part of Kenya amounting to 10,000MW.
In recent years, KenGen has expanded Geothermal energy exploration in Kenya and beyond.
The UN General Assembly (UNGA) is the main policy-making organ of the Organization. Comprising all Member States, it provides a unique forum for multilateral discussion of the full spectrum of international issues covered by the Charter of the United Nations. Each of the 193 Member States of the United Nations has an equal vote.UNGA website
KenGen has also exported technical expertise to help Ethiopia explore Geothermal power. The company won a Sh5.3 billion tender to drill two geothermal wells in Ethiopia.
The state power producer has also won Sh0.7 billion contract to drill geothermal wells in Djibouti.
The state corporation is also eyeing similar geothermal drilling deals in Uganda, Tanzania, Rwanda, South Sudan, The Sudan, Zambia and Comoros to boost revenues.
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