NAIROBI (Xinhua) --
Kenya is eying investors in the renewable energy
sector to help boost its electricity generation, a senior
government official said Wednesday.
Principal Secretary for Energy and Petroleum said the government
welcomes investors in the sector to help promote the generation
of grid-connected electricity from wind, biomass, solar, biogas
off-grid and decentralized electricity market is estimated to
comprise about 6.7 million households. The government plans that
with the new entrants in the market, the country is set to
expand the coverage,” Njoroge said.
Njoroge noted that
mini grids and stand-alone systems like solar, hydro and wind
power are viable as they are clean sources of energy.
He revealed that the
government has put in place a Feed-in- Tariff Framework that
gives investors roles in helping achieve sustainable energy for
all in the country. A standardized Power Purchase Agreement (PPA)
has also been established to mobilize project financing by
private investors and guarantee investors of revenue collection.