Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
KenGen seeks buyer for extra 1.8m carbon credits
Kenya Electricity Generating Company (KenGen) workers walk at the Olkaria II Geothermal power plant near the Rift Valley town of Naivasha, Kenya on February 15, 2018. KenGen is keen to maximise on the carbon credits from its vast generation of clean energy.
KenGen is set to sell an additional 1.8 million Certified Emission Reductions (CERs) as the firm continues to reap from the new revenue stream that is tied to its clean energy plants.
The State-owned firm has floated a tender for sale of the CERs from three of its plants nearly a year after it got a buyer for 4.62 million carbon credits at $32.05 million (Sh4.14 billion at prevailing exchange rates).
