Kenya seals $800m deal for green ammonia

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China’s Kaishan Group has signed a deal with Kenya to build a 165.4 MW geothermal plant for green ammonia production, valued at $800 million. The project shows a growing trend of industries setting up operations in renewably powered zones. It follows moves by firms like Aquilastar, which is setting up an EV assembly plant in the same geothermal area.

• Several countries are developing special economic zones powered by renewable energy, while also offering incentives to attract and promote green manufacturing.

• Unlike intermittent renewables, geothermal provides consistent power, which is critical for running chemical, fertiliser and hydrogen plants.

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