Daily Newsletter

04 September 2023

Daily Newsletter

04 September 2023

KenGen and KoTDA break ground on Green Energy Park in Olkaria, Kenya

The 342ha Green Energy Park includes a mix of industrial and non-industrial facilities.

September 01 2023

Kenya Electricity Generating Company (KenGen) and Konza Technopolis Development Authority (KoTDA) have started construction on KenGen's Green Energy Park.

Located in Olkaria, Naivasha, the 342ha Green Energy Park will include a mix of industrial and non-industrial facilities such as offices, data centres, research and development centres, hospitality spaces, a visitor centre, and administrative and commercial amenities.

The new master-planned development aims to offer a sustainable and clean supply of geothermal energy as well as encourage industrialisation in the region.

With the ground-breaking, the park’s pioneering investor, KoTDA, has initiated plans to build an Eco Cloud Data Center within the park.

KenGen board chairman Julius Migos Ogamba said: “The partnership with KoTDA and the initiation of the Green Energy Park highlights the power of collaboration and the potential for positive change.

“This venture represents the first step towards a new era of industrialisation, one that places environmental sustainability at its core.”

This project will have a four-phase development plan from 2025 to 2045.

KenGen CEO and managing director Peter Njenga said: “The Green Energy Park is a testament to our dedication to innovation, collaboration, and responsible growth. This is an open invitation for investors to join us in creating a greener, more prosperous future.”

The Energy Park seeks to exploit Olkaria’s substantial geothermal resources and supply the industries within the park with steady and renewable energy.

Investment in the infrastructure and energy & utilities sectors remains a major driver of overall construction growth

Infrastructure and Energy & Utilities sectors expanded in 2020 despite COVID-19 disruptions, which reflected the efforts by governments and public institutions to accelerate investment to stimulate activity. The recovery from the pandemic and the easing of restrictions allowed the resumption of work on major projects in 2021, and growth is set to remain strong in the coming years, particularly given major investment programs in the US and China.

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