The UK High Commissioner to Kenya, Nic Hailey, and Lord Clive Hollick, the British Prime Minister’s Trade and Investment Envoy to Kenya and Tanzania will join Hon. Charles Keter, MGH, the Cabinet Secretary for Energy and Petroleum and CEO of Barclays Kenya, Jeremy Awori, at REC 100 (Renewable Energy Conference) today (6 October).
They will be joined by Deputy High Commissioner, John Murton, who will be on moderating duty.
Kenya’s energy sector has experienced strong growth over the past decade with the country bringing online 576MW of new baseload capacity since 2013.
Increased energy production has been complemented by higher grid connectivity improving Kenya’s grid electricity access rate from 27% in 2012 to 55% in 2016.
The combined effect of these two trends in energy production and access has been reduced electricity tariffs and improved reliability, significantly impacting Kenya’s development trajectory.
In order to drive towards the government’s goal of adding 5000MW of installed energy capacity by 2017, strong investor interest in the renewable energy sector needs to be more effectively translated into viable projects on the ground.
The United Kingdom-Kenya Renewable Energy Conference (REC 100) aims to spur investment in Kenya’s renewable energy sector by connecting key players in the UK and Kenyan renewable energy space, building a strong pipeline of investable deals.
Collaboration between the Kenya and UK renewable energy sectors is underpinned by the UK-Kenya Memorandum of Understanding (MOU) for renewable energy cooperation signed in May of 2016.
You can follow the Tweets from the event, using the hashtag REC100 in the feed below.