KenGen and Kaishan Group to Build $832.76 Million Fertiliser Factory in Kenya for Carbon Credit Sales
Kenya's first green fertiliser project, costing Sh107.3 billion ($832.76 million), aims to sell carbon credits by removing CO2 from the atmosphere. The project, which will avoid approximately 600,000 tonnes of CO2 equivalent annually, is a joint venture between KenGen and China's Kaishan Group. It will produce 200,000 to 300,000 tonnes of ammonia-based fertiliser each year and is designed to stabilize local fertiliser prices while supporting Kenya's emissions reduction goals.
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Kenya's first green fertiliser project, a joint venture by KenGen and China's Kaishan Group, is set to cost Sh107.3 billion ($832.76 million) and target carbon credit sales by removing 600,000 tonnes of CO2 equivalent annually. The Naivasha-based plant will produce 200,000 to 300,000 tonnes of ammonia-based fertiliser each year, stabilizing local prices and reducing reliance on fossil fuel imports.
KenGen will provide 165 megawatts of geothermal energy for 30 years. The project aims to help Kenya meet a 32% emissions reduction target by 2030 and will follow a structured carbon crediting plan over an initial 10-year period, potentially extending to 30 years.
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