Nairobi, Monday, November 1, 2021: Kenya Electricity Generating Company PLC (KenGen) Managing Director and CEO, Mrs. Rebecca Miano, will join global leaders to discuss climate action at the the 2021 United Nations Climate Change Conference (COP26) in Glasgow, United Kingdom.
Acting on an invitation from the UK Prime Minister, Boris Johnson, the KenGen CEO is scheduled to participate in a panel discussion on the second day of the COP26 under the theme Accelerating Clean Technology Innovation and Deployment.
Mrs Miano, who is heading East Africa’s leading electric power producer and a Board Member of the Global Compact Network Kenya (GCNK), will participate in the high -level event as part of the World Leaders’ Summit, which will kick off the 26th UN Climate Change Conference of the Parties.
Other key dignitaries in attendance include Head of States and Government that include President Uhuru Kenyatta, United of States President Joe Bidden, United Kingdom Prime Minister Boris Johnson among other Presidents and world leaders, in addition to Microsoft Billionaire Philanthropist Bill Gates.
The COP26 event, which will run from 31st October to 12th November 2021, brings parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change.
“As a company, we have made deliberate effort to focus on renewable energy in the fight against climate change. Therefore we have prioritized the Climate Action agenda to support the Kenya Government’s ambition to achieve 100% renewable energy utilization,” said Mrs. Miano.
She added that KenGen has further committed to the Caring for Climate Working Group of the United Nations Global Compact (UNGC) with a view of refocusing its business towards sustainability.
She said: “To actualize the Caring for Climate commitments, KenGen has demonstrated this commitment by joining the Business Ambition for 1.5°C Campaign of the United Nations Global Compact”
The company is expected to deliver 366MW of renewable energy comprising of Solar (42MW), Wind (11 MW) and Geothermal Power (313MW) for the period of 2021 to 2024.
During the event, Heads of State and other business leaders will showcase how the world will work together to accelerate solutions, keep 1.5 degrees in reach and ensure solutions are accessible and affordable for all.
Ends...//
Note to Editor:
About KenGen
Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa region with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and competitively priced electric energy for the country in an environmentally friendly and sustainable manner while creating value for its stakeholders.
Today, KenGen PLC has an installed generation capacity of 1,818MW, of which over 86% is drawn from green sources namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW), and Wind (26MW).
For media queries please contact:
Frank D. Ochieng, Tel:0721816896
This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.
Glasgow, Wednesday, 3rd November, 2021: Kenya Electricity Generating Company (KenGen) Managing Director and CEO, Rebecca Miano, says the company is accelerating deployment of renewable energy to combat the adverse effects of climate change.
Speaking during a panel discussion under the theme, Accelerating Clean Technology Innovation and Deployment at the COP26 World Leaders Summit in Glasgow, Scotland, Miano said KenGen is committed to the fight against climate change and is supporting the Government of Kenya’s ambition to achieve 100 per cent utilization of renewable energy by 2030.
“Our future project pipeline, which is mostly green, includes geothermal, wind, solar and some hydro. The projects will be implemented in phases with the first expected to be commissioned by end of this year,” said Miano.
Key dignitaries who were in attendance during the panel discussion included, President Uhuru Kenyatta, United States of America President, Joe Biden, UK Prime Minister, Boris Johnson, India’s Prime Minister Narendra Modi, among other Presidents and world leaders including The Duke of Cambridge Prince William and Microsoft co-founder and billionaire Philanthropist, Bill Gates.
The KenGen CEO reaffirmed the company’s commitment to the Caring for Climate Working Group of the United Nations Global Compact (UNGC) in a bid to refocus the company’s business towards sustainability.
KenGen joined UNGC’s Business Ambition for 1.5°C Campaign, saying it is banking its future on green, affordable and accessible energy, including geothermal, hydro, wind, and solar.
The KenGen MD and CEO, who is a Board Member of the Global Compact Network Kenya (GCNK), said the company is enhancing its partnership with other key actors to make clean technologies the most affordable, attractive and accessible option for users.
“There is an urgent need to focus on renewable energy to meet our energy needs. AfDB estimates Africa’s electricity access rate at about 40% with over 645 million people with no access to electricity,” said Miano.
She said KenGen had also explored several opportunities with Non-State Actors including financial Markets and has over the years raised funds for green energy projects through various financial instruments such as infrastructure bond and Rights Issue.
“We also work with technology providers for innovative clean energy solutions including sizing of power plants, geothermal reservoir modelling and automation of operations and maintenance of our power plants through Internet of things,” said Miano.
She said KenGen had made inroads in working with other countries to help fast-track the adoption of green energy as a way of accelerating sustainable development while at the same time combating climate change.
“I am happy to confirm that we are already sharing our expertise and skills in accelerating clean energy innovation deployment, more so in geothermal development,” Miano said adding, “Indeed, in Africa we have a golden chance to go green early enough when the opportunity for growth is still rife. Through partnerships, which is SDG 17, we make the world habitat a better place for present and future generations.”
KenGen PLC is East Africa’s largest electricity producer and is among the top 10 geothermal energy producers in the world.
Ends...//
Note to Editor:
About KenGen
Kenya Electricity Generating Company PLC - KenGen is the leading electricity generation company in Eastern Africa region, with an installed generation capacity market share of more than 60%. The company’s primary business is to provide safe, reliable, and competitively priced electric energy for the country in an environmentally friendly and sustainable manner while creating value for its stakeholders.
Today, KenGen PLC has an installed generation capacity of 1,818MW, of which over 86% is drawn from green sources, namely: Hydro (826MW), Geothermal (713MW), Thermal (253MW), and Wind (26MW).
For media queries please contact:
Frank D. Ochieng Tel:0721816896
This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.
Page 25 of 41
News Highlights
