KenGen, a state-owned power generator in Kenya, has acquired the right to explore for geothermal energy in Tanzania and Zambia, according to CEO Peter Njenga. KenGen's leadership in geothermal development in East Africa is further strengthened by this action, particularly as the company continues its exploration and drilling operations in Ethiopia, Djibouti, and Eswatini.

"We have already assisted Ethiopia and Djibouti in converting their geothermal potential, and we are now concentrating on Eswatini, which shows a great deal of promise," Njenga stated.

On the local level, KenGen already has 754 MWe of installed geothermal power generation capacity, with the majority of that capacity located in the Olkaria field. The company has revealed plans to raise Sh 590 billion, or roughly USD 4.5 billion, for a 10-year plan that will see 1500 MW of new capacity by 2034.

Additionally, with the renovation of the Olkaria I and IV geothermal power plants, the company is expanding its current power facilities in Olkaria. It is anticipated that Olkaria I's modernization will result in an 18 MW increase in power generation capacity by 2026.

KenGen's ambitious diversification plan aims to generate new sources of income for the business by providing geothermal consulting, commercial drilling services, and other associated services throughout Africa. Now operating in five African nations, KenGen is leveraging its decades of geothermal expertise and experience to support the expansion of geothermal energy in the area.