The Vice President of the European Investment Bank (EIB), Mr. Thomas Östros visited the recently commissioned Kenya’s 86MW Olkaria Geothermal Power Plant which is currently supplying the country with additional renewable energy.
Kenya Electricity Generating Company (KenGen) and the European Investment Bank (EIB) are exploring potential areas of partnership mainly focusing on green energy projects.
“The support that EIB had provided to KenGen over the years has gone a long way in putting Kenya on the global map as a renewable energy leader”, said Mr. Abraham Serem, KenGen Managing Director and CEO.
“The European Investment Bank is committed to accelerating renewable energy across Africa and has supported visionary geothermal investment by KenGen here at Olkaria over the last 41 years,” said Thomas Östros, EIB Vice President.
He described Olkaria as a model for renewable energy for the rest of the world.
The visit comes at a time when Kenya is keen on deploying renewable energy as the country makes progress towards achieving a 100% transition to clean energy by the year 2030.
More than 81% of Kenya’s electricity generation came from the low-carbon sources of geothermal, hydro, wind, and solar power.
Last September, President William Ruto reaffirmed his country’s commitment to reach 100% clean energy by 2030.
The post EIB Hails Kenya’s Green Energy Projects  first appeared on The African Gazette.