• Money & Markets
Wednesday, August 10, 2022
  • Login
No Result
View All Result
NEWSLETTER
Money & Markets
18 °c
Nairobi
18 ° Fri
18 ° Sat
18 ° Sun
18 ° Mon
  • News
  • Big Read
  • Markets
  • Economy
  • Investing
  • Energy
  • Opinion
  • Africa
  • World
  • News
  • Big Read
  • Markets
  • Economy
  • Investing
  • Energy
  • Opinion
  • Africa
  • World
No Result
View All Result
Money & Markets
No Result
View All Result
Home Headlines

Kengen signs energy security declaration

by Editor
June 12, 2020
in Headlines, Highlights, News
0 0
0
Kengen signs energy security declaration
0
SHARES
74
VIEWS
Share on FacebookShare on Twitter

By M&M Reporter

Kenya Electricity Generating PLC has signed a joint declaration with the United Nations Industrial Development Organization (UNIDO) and Japan International Cooperation Agency (JICA) to improve security and efficiency in geothermal power generation with Internet of Things (IoT) technologies.

KenGen Managing Director and Chief Executive Rebecca Miano, Deputy Director General of UNIDO, Shigeru Maeda and Senior Vice President of JICA signed the declaration on cooperation today in Tokyo, Japan.

The declaration brings together stakeholders of the upcoming operation and maintenance capacity strengthening with internet of things (IoT) technologies for the Olkaria Geothermal Power project.  

It creates a platform for dialogue between the industry, manufacturers, policy makers and investors. The aim is to jointly build capacities and promote sharing of expertise with a view to improving efficiency.

Miano said the joint declaration would open up opportunities for KenGen to enhance and strengthen capacity with IoT technologies to efficiently exploit geothermal resources with a view to meeting Kenya’s ever-rising power needs.

“We believe this joint partnership will enable Kenya to employ innovative methods to provide clean and affordable electric power for national development,” she said.

Through the partnership, UNIDO will strengthen operation and maintenance capacity with IoT technologies for Olkaria geothermal power in collaboration with JICA.

KenGen currently produces 1,631MW, which represents 70 per cent of power consumed in the country. Of this, hydro comprises 818MW; Geothermal, 534MW, Thermal, 253.5MW and Wind 25.5MW. The company plans to develop will additional 720MW by 2020.

Tags: KenGen
Editor

Editor

Next Post
Coop Bank mourns cooperative movement icon Stanley Muchiri

Coop Bank mourns cooperative movement icon Stanley Muchiri

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *




Latest Articles

  • PwC and KBA have released the Kenyan Banking Sector Total Tax Contribution report
  • Fresh Kenyan Avocados sold at the largest fruit market in East China
  • Safaricom unveils ‘Tuinuane’ Brand Campaign.
  • Mozzart Bet to sponsor the national women volleyball team Malkia strikers
  • Mozzart Bet unveils Nandi Road Race sponsorship
  • Shift Towards Domestic Tourism a Game Changer in Post-Covid-19 Recovery
  • Equity Bank has been feted as the Best Bank in Kenya in the 2022
  • Kenya Academy of Sports 2nd International Sports Conference begins in Nairobi
  • Kodris Africa officially unveiled in Kenya as Government adopts new content for teaching coding for schools
  • KCB Shareholders approve Ksh 9.64B  dividend payout.  

TOP SEARCHES

acquisition AfDB Airtel Banks brexit CBK Central Bank Central Bank of Kenya China COVID-19 dividends energy Equity Bank Equity Group Equity Group Holdings Finserve High Court ICT Imperial Bank Insurance interest rates Jambojet Jumia KCB KDIC KenGen Kenya Kenya Airways KRA M-Pesa MD mKey MPesa NSE Patrick Njoroge profit profits Safaricom Safaricom foundation shareholders shares SMEs StarTimes Tanzania Uhuru Kenyatta




  • Money & Markets

© 2020

No Result
View All Result
  • Money & Markets

© 2020

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In