Kenya Electricity Generating Company (KenGen) has expanded its long-term renewable energy development pipeline to 5,500 MW, significantly increasing its earlier target of 1,500 MW outlined under its G2G 2034 Corporate Strategy. The revised target reflects Kenya’s growing focus on clean energy expansion, emerging investment opportunities, and the country’s ambition to become a regional renewable energy hub.
The announcement was made alongside the release of KenGen’s first Sustainability Report, which highlights the company’s environmental, social, and governance (ESG) performance for the 2024/25 financial year and outlines its updated growth strategy.
According to KenGen, the expanded renewable energy pipeline includes plans for around 2 GW of nuclear power, more than 700 MW of hydropower, and additional geothermal development opportunities. The company said the increase in its development plans is driven by changing energy market conditions, rising demand for clean electricity, investor interest, and Kenya’s long-term energy security goals.
Speaking at the launch event, Kenya’s Principal Secretary for Energy Alex Wachira said KenGen has created an ecosystem that enables investors to access renewable energy resources, geothermal steam, industrial land, and supporting infrastructure.
He highlighted that renewable energy development is moving beyond household electrification and is becoming a driver for industrial growth, job creation, investment attraction, and economic transformation.
Sustainability Report Highlights ESG Progress
KenGen Managing Director and CEO Peter Njenga said the company’s first Sustainability Report represents a key milestone in formalising its ESG reporting framework.
He stated that the company has recalibrated its long-term growth ambitions from 1,500 MW to a 5,500 MW renewable energy development pipeline as opportunities in the energy sector continue to expand.
The report provides stakeholders, including government bodies, investors, communities, and development partners, with a framework to track sustainability performance and long-term value creation.
Kenya’s Principal Secretary for Environment and Climate Change Festus Ng’eno said the expanded renewable energy plans and sustainability reporting demonstrate the importance of responsible corporate leadership in achieving national climate and development goals.
Environmental and Social Performance
The sustainability report highlights that KenGen achieved a 94.4% renewable energy dispatch rate during the reporting period and generated 6.9 million carbon credits. The company reported a carbon intensity level of 0.06089 tCO₂e per MWh.
KenGen also reported progress in environmental conservation, including the growth of 887,220 tree seedlings, exceeding its annual target by 7%, and restoration of 850 hectares of degraded land. The company has planted more than four million trees and aims to increase this number to nine million by 2034.
The company’s social initiatives included scholarships for 237 students through the KenGen Foundation, clean water access for over 42,300 households, and local supplier procurement opportunities worth Ksh 10.01 billion.
The Sustainability Report was prepared using global frameworks including the Global Reporting Initiative (GRI) Standards, UN Global Compact principles, and Nairobi Securities Exchange ESG disclosure guidelines.
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