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Kenya signs deal on green energy to establish a 300MW green energy and fertilizer factory

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By Kayugira Dante, Nairobi

The Cabinet Secretary for Energy Davis Chirchir and his Treasury counterpart Njuguna Ndungโ€™u on behalf of the Kenyan government and Fortescue Future Industries Executive chairman Andrew Forrest at State House, Nairobi signed a deal to establish a 300MW green energy and fertilizer-making enterprise using the Olkaria Geothermal Resources in Naivasha.

The signing process was witnessed by President William Ruto.

โ€œThis is a bold statement that Kenya is on an ambitious green growth agenda.โ€ The President made the remarks during the signing in an investment support and implementation agreement with FFI.

โ€œThe Government of Kenya and FFI has reinforced their commitment to progress the development of sustainable green industries in Kenya,โ€ Read the statement from Statehouse spokesperson in a press release

โ€œThe project is expected to supply electricity to Kenyaโ€™s grid, accelerating the phasing out of fossil fuels and reinforcing Kenyaโ€™s position as global leader in renewable energy,โ€ the press release further read

According to the statement by Hussein, fossil fuel dependent fertilizer production is significant contributor to greenhouse gas emissions.

The state house spokesperson confirmed that the deal will contribute to Kenyaโ€™s economy and food security. He also said that the project and subsequent developments will contribute to greening agriculture and meeting Kenyaโ€™s greenhouse gas reduction commitments.

Statehouse spokesperson assured that, โ€œThis is the first of three projects that will see Australiaโ€™s FFI , a subsidiary of Fortescue Metals Group , invest in green energy and manufacturing in Kenya,โ€

This came after farmers in Kenya had been lamenting on ย high cost of fertilizer with the government requesting local production to reduce cost of essential food commodities in the country.

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