Kenya has been Ranked among the fastest growing Clean Energy Markets by the Ernest Young (EY) Latest Renewable Energy  Country attractiveness Index (RECAI), Placing the Country in the  Raising star Category which made up of the promising growth markets.   Kenya is also the Second Largest Renewable Energy Investor in the Continent after South Africa, Spending $1.4 billion dollars in 2014. However despite the Country’s Vast wealth in Extractable Renewable Energy on 35%of its 40 Million People Population is connected to Electricity.

Kenya’s Current Installed Capacity is 2100 MW against a peak Demand of 1600MW. The Demand is expected to grow at Rate of 11% as the Vision on 2013 is being implemented. The Current Government Administration has drafted an Energy Master aimed at adding another 5000MW to the national Grid by 2018 mainly from Renewable Energy.

This on the Heels of COP21  Paris  Landmark deal that is expected to spur a wave of Eco –Investments in the  Country to Fund Renewable Energy project and making Green Energy Technologies more accessible. Kenya ahead of the Cop21 Convention last in December, submitted its “Intended Determined Contribution” Pledging to cut its Carbon Emission by 30% by 2030.

Kenya Now Invites Unsolicited Bids from Independent Power Producers to Produce Power from Renewable Energy

Outlook on Kenya’s Renewable Sector

Kenya has a Diverse Renewable Energy resource for independent power producers to tap into. 10,000 MW of Geothermal in the Rift basin, the Country observes wind speeds of 11/meters per second, good insolation all Year round relative to its location to the equator and a vibrant Solar energy market. 3,000 MW of Small hydro schemes situated in the Country’s five main drainages. The Government has also developed strategies for Introduction of biofuels blends in the markets. In an effort to minimize overreliance to Biomass the governments has put in place incentives to promote the use of Bio gas. With an initiative underway to Construct 6, 500 biogas digesters in Kenya every five years .Kenya has also adopted the internationally recommended IAEA Milestone approach for developing Nuclear power programme. The Kenya Expects to Commission its First Nuclear Power Plant of 1,000MW by 2024, AT AN Estimated cost of $3.5 billion dollars. Kenya’s Renewal Energy is supported a great macro factors, that include a fast growing economy at an average of 6.7%, a robust construction and infrastructure sector, a 10 year strategic plan to make Kenya an industrialised country and a push to connect 65% of its 40million population that currently lack access to Electricity.

Renewable Energy Resources

In 2011 Base Resource Opened Kenya’s first world class mine that put the Country on the global map for base mineral resources. Discovery by Canadian Explorer Sands have estimated metric Tons of Titanium. Kilifi County has 10 times more Worth of Un- exploited Titanium Resources, at approximately 1.4 Billion tons Providing more massive Opportunities for Base resource Developers.
Kenya has emerged as the Africa’s next Rare Earth metal’s frontier after Canadian Explorer wild Cat Pacific made this following ground Titanium huge discovery of Niobium in Mrima hills. Kenya’s Rare Earth metals is estimated to be worth Tiomin. Kwale Mineral $100 billion dollars Setting Kenya on course to serve Ore Reserves of 123 a hungry Global demand scrambling for a meagre supply.
Kenya has Significant Gold Deposits, hosted one of Lake Victoria’s Gold Areas Most Productive Greenstones. The Nyanzian greenstone cuts Kenya’s Southwest and Extended miles from Migori for rapidly growing Western Kenya. Gold Deposits in Kenya occur in Construction Massive Iron sulphide bodies in Banded Iron Formation, announced thatMineralized shear zones controlled by Quartz reefs. 90 Kilometers and is responsible for most Gold Production. Proximity to the Greenstone host Maclader Mine that has a resource of 1.24 Moz at 0.25 g/t.

Kenya has a potential to produce 12 tons of Gold Per year. UK Firm Gold Plat has acquired the Country’s first commercial lease for Gold Export. Gold Plat Experts to Export 5,000 Ounces of Gold in Its First Year of Operation. Kilimapesa Mine s has a estimated ore reserves 0.247 Moz at 2 .4g/t.

Kenya has Large Deposits of Limestone and a robust Cement Industry that has become a very A Attractive investment in the recent years. The Country’s Vast Limestone resource is complimented by a basic resource demand particularly from the robust and Infrastructure. IN 2014 Cement Giant Dangote Greenstone belts stretches about build cement Factory The Migori – Nyanzian The Company will spend $400 Million to Limestone Kitui County also Kitui. Besides the Large deposits of Have large reserves of Coal. Mui basin Bloc C. Close the Coal of Coal reserves is a attractive strategic resource for Factories as coal replaces the Expensive Diesel fired in Firing Energy for the Energy Hungry Cement Factories.

Get In Touch With Us

Your Name (required)

Your Email (required)

Subject

Your Message

Incentives for Solar Energy Development

  • Kenya Favorable & Ambitious Climate is totally suited for renewable energy particularly Solar which upholds Economic Viability
  • Renewable Energy has received a major Boost from the Government through regulatory and Fiscal policy that deliberately favors the adoption of Renewable energy. No Value Added Tax for Imports of Solar equipments and there is no restrictions  or penalties in Corporate adoption of Captive Solar power plants which means  Totally Independent Power plants singularly devoted to a specific premises or property.
  • The Government has created an Omnibus Tax scheme, called the investment Deduction Allowance “IDA” , designed specifically to encourage manufacturing through major tax breaks for Kenyan Corporate. The “IDA” can also be applied to Solar Captive solar power plants.
  • Renewable Energy has received a major boost from the “European Union Climate Change Policy” through which channeling of huge bilateral credit lines into Kenyan Banks Specifically for Renewable Energy Projects. Europe’s Development Finance Institutions (DFIs) are diverting huge sums away from Europe where Renewable has Limited Financial Rewards in comparison to Countries such as Kenya where both Consumption is growing exponentially and Renewable Energy make perfect sense. Experts Estimate that where Solar Replace 20-30 percent of GRID Energy purchase, Corporate in manufacturing sector can improve operating margins by 1-300 basis points leading to  more competitive  position for our Industry.