BMI View: Kenya will emerge as the fifth largest geothermal market in the world by 2020, as the strong
project pipeline gradually materialises and the government prioritises the exploitation of its vast
geothermal resources. A large project pipeline across the geothermal, solar and wind segments will more
than double the country's renewable power generating capacity over our 10-year forecast period.
Latest Updates And Structural Trends
? In March 2016, it was announced that the Japanese government and the Japan International Cooperation
Agency signed a USD408mn loan agreement with Kenya to fund construction of a 140MW geothermal
? In May 2016, it was announced that a 40MW photovoltaic (PV) power plant is set to be built in Kenya's
Makueni County, according to the county's Vision 2025 plan. The solar plant will be linked to the
? The first phase of a project to interconnect the national electricity grid of Tanzania to that of Zambia and
Kenya is expected to be completed in September 2016. The power connector project will link the East
African Power Pool to the Southern African Power Pool. The African Development Bank and the Japan
International Cooperation Agency, among others, are funding the scheme.
? The 60.8MW Kinangop wind project was shelved in February 2016. The USD147.4mn project was
scheduled to be completed by mid-2015, but the delay caused by the local protests has reportedly led to
the depletion of project funds