– REREC sold 28.5 million kilo watt hours (kWh) to KPLC and this translated to KSh 431 million in revenue
– Simon Gicharu, REREC chairman said the green energy has helped stabilise cost of power during the dry period
– The corporation envisions to rake in at least KSh 1 billion after one year from KSh 431 million it gained within five months
The Rural Electrification and Renewable Energy Corporation (REREC) has earned KSh 431 million after selling solar generated energy to Kenya Power.
The money was earned five months to March 2019 from 28.5 million kilo watt hours (kWh) of electricity generated from the regions largest solar plant located in Garissa.
Simon Gicharu, REREC chairman, said the solar plant had helped stabilise cost of power in the country by injecting green energy in the national grid.
“Garissa power plant has proved to be an exemplary project and it has many environmental advantages and due to that, we shall be investing more on sustainable means of energy production in future,” said Gicharu.
With Kenya having more than 300 sunny days annually, the REREC boss, stated that it was time the country tapped in solar energy and cut down of use of expensive diesel generated electricity.
He revealed that the corporation, formerly known as Rural Electrification Authority (REA), had plans afoot to setup 147 more stations in the country.
”We now have to oversee rural electricity programme, manage rural electrification programme fund, establish Energy Centres in all the 47 counties, develop and update the renewable energy master plan while accounting for equity in the development of renewable energy resources among others,” he said.
The projects target counties with high sunlight insensitivity like Mandera, Lamu, Wajir, Tana River, Garissa and Turkana.
In a period of one year, Gicharu envisions REREC to rake in at least KSh 1 billion from selling solar energy to the national distributor.
Do you have a hot story or scandal you would like us to publish, please reach us through email@example.com or WhatsApp: 0732482690 and Telegram: Tuko news.
The Young Girl Surviving on an Oxygen Tank.