{"id":103790,"date":"2023-09-29T19:55:46","date_gmt":"2023-09-29T19:55:46","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/investors-in-olkaria-park-to-get-power-direct-from-kengen"},"modified":"2023-09-29T20:54:51","modified_gmt":"2023-09-29T20:54:51","slug":"investors-in-olkaria-park-to-get-power-direct-from-kengen","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/investors-in-olkaria-park-to-get-power-direct-from-kengen","title":{"rendered":"Investors in Olkaria park to get power direct from KenGen"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Investors coming up with industries in the newly established KenGen Industrial Park in Olkaria, Naivasha, will be getting subsidised electricity directly from the generator.<\/p>\n

Already, the electricity generator has processed a master-plan for 1,000 of the 4,000 acres in the geothermal-rich park.<\/p>\n

A local company-Universal Access Limited has become the first investor to embark on a $600 million (86.7 billion) project on a 1,000-acre land.<\/p>\n

The firm is investing in an Eco Data Center which will be the largest in the continent.<\/p>\n

According to Energy CS David Chirchir, the industrial park is now a reality with several international and local investors showing interest.<\/p>\n

Speaking during a tour of the park, Chirchir said that KenGen had ample geothermal energy to power global firms, as the world moved towards green energy.<\/p>\n

\u201cThe Eco Data Center becomes the first investor on this land and they will require 60mw which will be offered at US 7 cents per unit,\u201d he said.<\/p>\n

The CS said currently, the geothermal fields of Olkaria and Eburru were producing an estimated 1,000mw, with plans to increase output in the coming months.<\/p>\n

\u201cThe biggest plus for companies working within the park is that they will help in reducing power losses incurred during transmission,\u201d he said.<\/p>\n

On his part, new Kengen CEO Peter Njenga said that of the 1,904mw installed capacity, geothermal was the leading in the country.<\/p>\n

He said the company was keen to ensure the country phased out thermal power by 2030, by increasing production of geothermal, hydro and solar power.<\/p>\n

\u201cOlkaria is home to geothermal power with a potential of over 10,000mw and we are keen to phase out thermal power by 2030 in line with government plans,\u201d he said.<\/p>\n

CEO Universal Access Limited, Amos Siwoi, said the green project would take an estimated eighteen to twenty-four months to be complete.<\/p>\n

\u201cAfter the groundbreaking, we shall hit the ground in the coming months as we seek more consumers of our data services,\u201d he said.<\/p>\n

He lauded the move by the government to allow KenGen to supply power directly and at a cheaper price to consumers, compared to previous arrangements of using Kenya Power.<\/p>\n

For More News And Analysis About Kenya<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Investors coming up with industries in the newly established KenGen Industrial Park in Olkaria, Naivasha, will be getting subsidised electricity directly from the generator. Already, the electricity generator has processed a master-plan for 1,000 of the 4,000 acres in the geothermal-rich park. A local company-Universal Access Limited has become the first investor […]<\/p>\n","protected":false},"author":84,"featured_media":103789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[6857,7003,544],"class_list":["post-103790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"\nInvestors in Olkaria park to get power direct from KenGen - kenya<\/title>\n<meta name=\"description\" content=\"Investors coming up with industries in the newly established KenGen Industrial Park in Olkaria, Naivasha, will be gettin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/investors-in-olkaria-park-to-get-power-direct-from-kengen\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investors in Olkaria park to get power direct from KenGen\" \/>\n<meta property=\"og:description\" content=\"Investors coming up with industries in the newly established KenGen Industrial Park in Olkaria, Naivasha, will be gettin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/investors-in-olkaria-park-to-get-power-direct-from-kengen\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-29T19:55:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-29T20:54:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2023\/09\/sm_1696007936.291626.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/investors-in-olkaria-park-to-get-power-direct-from-kengen#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/investors-in-olkaria-park-to-get-power-direct-from-kengen\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Investors in Olkaria park to get power direct from KenGen\",\"datePublished\":\"2023-09-29T19:55:46+00:00\",\"dateModified\":\"2023-09-29T20:54:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/investors-in-olkaria-park-to-get-power-direct-from-kengen\"},\"wordCount\":370,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/investors-in-olkaria-park-to-get-power-direct-from-kengen#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2023\/09\/sm_1696007936.291626.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/investors-in-olkaria-park-to-get-power-direct-from-kengen#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/investors-in-olkaria-park-to-get-power-direct-from-kengen\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/investors-in-olkaria-park-to-get-power-direct-from-kengen\",\"name\":\"Investors in Olkaria park to get power direct from KenGen - 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