The facility will harness the area’s abundant geothermal resources to offer stable and renewable energy source for industries within the park.
Investors will have an opportunity to collaborate with KenGen to establish industries within the facility.
“The partnership with KoTDA and the initiation of the Green Energy Park highlights the power of collaboration and the potential for positive change,” KenGen Board Chairman Julius Migos Ogamba said.
“This venture represents the first step towards a new era of industrialization, one that places environmental sustainability at its core,” Ogamba added.
KoTDA, the pioneering investor of the Green Energy Park, is also working to establish an Eco Cloud Data Center inside the park.
Siting on a 342 hectares, the Green Energy Park will accommodate a blend of industrial and non-industrial activities.
The master-planned development encompasses offices, data centers, research and development centers, hospitality spaces, a visitor experience center, and administrative and commercial facilities.
The park’s four-phase development plan for the period 2025 to 2045, will create a dynamic environment that fosters economic growth and innovation.
“Today marks a turning point in our journey towards sustainable development. The Green Energy Park is a testament to our dedication to innovation, collaboration, and responsible growth,” KenGen Managing Director and CEO Peter Njenga stated.
“This is an open invitation for investors to join us in creating a greener, more prosperous future,” Njenga added.
Generating about 800MW of geothermal power from the Olkaria field, Kenya boasts an installed geothermal capacity of 950MW, ranking seventh in the world in geothermal power generation.
