KenGen Plans to Triple Renewable Energy Pipeline to 5,500 Megawatts

Kenya Electricity Generating Company has laid out plans to expand its renewable energy development pipeline to 5,500 megawatts. The new target is more than three times the 1,500 megawatts set in its earlier G2G 2034 Strategy.

The company currently operates an installed capacity of 1,786 megawatts. This includes hydropower, geothermal, thermal and wind sources.

Managing Director Peter Njenga said the recalibration reflects changes in the operating environment. New opportunities, national priorities and growing regional demand for clean power have driven the increased ambition.

KenGen said it is pursuing the $4.3 billion financing plan from the original strategy. The expanded pipeline will be funded through a mix of concessional funding, public-private partnerships, bonds, special purpose vehicles and equity issuance.

The company is also proceeding with plans to deploy 500 megawatt-hours of battery energy storage systems. These will support grid stability as more intermittent renewable sources are added to the national network.

KenGen increased electricity generation to 7,805 gigawatt-hours in the six months to December 2025. This was up from 7,210 gigawatt-hours in the same period the previous year.

The company reported a decline in net profit for the period. Net profit fell 20.2 percent to Sh4.22 billion due to a larger tax bill and reduced income from cash investments.

Kenya is targeting 100 percent renewable electricity generation by 2030. KenGen’s pipeline includes significant additions in geothermal, hydropower, solar and wind, along with 2,000 megawatts of nuclear power.

The power producer said investor confidence in renewable energy has grown. It expects the expanded plan to support Kenya’s sustainable economic transformation.

KenGen operates the bulk of the country’s geothermal and hydropower capacity. Its projects at Olkaria and other sites have positioned it as a leader in clean energy on the continent.

The latest announcement comes as electricity demand continues to rise. The company said it is committed to powering Kenya’s growth through reliable and sustainable generation.