In a significant milestone for Kenya’s renewable energy sector, Sosian Energy, an energy company associated with the influential Moi family, has successfully supplied 22 megawatts of power to the national grid.
This achievement addresses the country’s growing energy demand and reinforces Kenya’s commitment to transitioning to sustainable power sources.
Following the receipt of permission to generate and supply electricity from one of its assets, Sosian Energy, owned by Gideon Moi, a prominent Kenyan politician, businessman, and son of the late President Daniel Arap Moi, has initiated the early commissioning of three out of five units in its 35-megawatt geothermal plant.
Kigen Moi, a director at Sosian Energy, revealed this development on Thursday, signaling the firm’s imminent completion of the ambitious project.
As a trailblazer in geothermal power generation, Sosian Energy has spearheaded the establishment of geothermal plants in Kenya since its selection as an IPP in 2014.
One of its geothermal plants, situated in Menengai, Nakuru, presently supplies 18 megawatts of clean energy to the nation, with plans to further increase the capacity to 22 megawatts.
By leveraging geothermal, wind, and solar sources, Kenya is steadfast in its pursuit of clean energy, with geothermal energy leading the charge at 49.8 percent of total electricity generation, followed by wind, hydro, and thermal sources.
Sosian Energy’s electricity is supplied to Kenya Power at a lower rate than KenGen, benefiting consumers nationwide.
The construction of its geothermal plant, estimated at $79.15 million, is expected to be completed by August, positioning Sosian Energy as a key player in the renewable energy landscape.
Beyond their involvement in the energy sector, the Moi family holds significant influence in various domains. Their extensive land portfolio of nearly 300,000 acres ranks them as Kenya’s second-largest landowners after the Kenyatta family.
The family’s media empire also includes ownership of the majority stake in the Standard Media Group, which encompasses the popular television network Kenya Television Network, newspapers, and radio stations.
Unofficial estimates suggest the Moi family’s wealth surpasses $3 billion, attesting to their substantial financial resources.