Skip to main content

Chinese Companies to Invest in Kenya's Renewable Energy Sector

N

Nyakundi Report

Newsroom 1 min read

This archive report was first published on 13 December 2019.

Kenya is set to benefit from a significant investment in its renewable energy sector, with Chinese energy companies planning to inject billions of shillings into the industry.

According to Africa Policy Institute President Peter Kagwanja, the investment is part of the six trillion shillings Belt and Road Fund established by China last year to help expand African infrastructural capacity.

China has become a global leader in wind, solar, and nuclear energy, and the country is now targeting Africa for investment in these areas.

Kenya, which still suffers from low power generation, is fast attracting the eye of Beijing as an attractive renewable energy destination.

The country has been leading the continent in the renewable energy sector, with a mix of solar, wind, hydro, and geothermal generating close to 85 percent of the country's energy needs.

Kenya targets a clean energy transition in two years' time, and Chinese oil companies are keen on tapping into the country's petroleum sector, led by the global Petro-chemical giant China National Petroleum Corporation.

Last month, China Aerospace Construction Group Corporation won a multi-billion shillings tender to construct the 400kV/40km double circuit Isinya-Konza Transmission Line Project, which seeks to improve the quality of power supply in the Konza Technopolis and the surrounding regions.

Be the first to react

Support

Support this reporting

M-Pesa support recorded against this story.

Send support →

Stay close

Get the briefing

Major updates by email. No spam.

Get email brief →

Share

Save share card

Download a clean portrait card for sharing.

Save image →