KenGen to add 158 MW in next two years with Olkaria V geothermal development
KenGen is planning to add 158 MW of power generation capacity with its Olkaria V geothermal development until 2019.
In a meeting presenting financial results for the first half of the year to investors, KenGen’s acting CEO Rebecca Miano reports that the company plans to bring 158 MW of new geothermal power generation capacity online in the next two years.
This is to come from the Olkaria V development currently under way, which is expected to be completed in 2019.
The company focuses its efforts on renewable energy and with ongoing development geothermal power generation capacity could cover nearly half of KenGen’s power generation capacity.
With a current installed generation capacity of 1,631 MW the company aims to increase its capacity by another 721 MW until 2022 at an estimated cost of US$2 billion.
Source: Times of India