Kipeto Energy: Generating power from the wind in Kenya
Sector: Power generation
Challenge: More than 75 percent of the people in Kenya lack reliable access to electricity. Building major power plants with the capacity to serve large numbers of people requires large investments of time and money, which private lenders are often unwilling to commit in the developing world.
Solution: OPIC has committed $233 million in financing to support construction of a 100 megawatt, grid-connected wind power plant south of Nairobi. This project supports the U.S. Power Africa Initiative, aimed at doubling the number of people in Sub-Saharan Africa who have access to power.
Impact: As one of Kenya’s first grid-connected wind power plants, the Kipeto plant will provide a cleaner and more reliable source of energy to the national grid.
This project was profiled in 2015