Australian firm Fortescue Metals plans 300 MW green ammonia plant in Kenya
Australian firm Fortescue Metals is planning to develop a 300 megawatts (MW) green ammonia and fertiliser facility in Kenya.
The project could soon start as plans are in an advanced stage, reports Business Dailyn adding that the business marks Kenya’s first green ammonia energy production.
The facility will boost the African nation’s growing clean energy production to meet the peak demand and reduce import bill of fertilizers. The company will take a final investment decision soon, with work expected to commence this year. It is unknown yet how much the project will cost. However, reports note that the plant will be built within the Olkaria Geothermal wells in Naivasha. The Eastern African country is also expected to profit from the project on green electricity wise as well.
Geothermal contributes nearly29% of Kenya’s installed power capacity, followed by hydro at 25%. Wind and solar account for 12.82% and 7.83%,respectively, as of December 2022.