Kenya in talks with Turkish firm for floating power plants

Kenya is in advanced discussions with Karpowership to deploy floating power plants and ease nationwide electricity shortages.

The Kenyan government has been holding talks with Istanbul-based Karpowership since 2024. The company operates 45 vessels that can generate more than 8,000 megawatts and can commission a plant in under 30 days.

Peak demand reached a record 2.4 gigawatts in 2025. A moratorium on new power agreements from 2018 to November 2025 limited supply growth. Contracted capacity stands at 2.9 gigawatts while the reserve margin is only 2.3 percent.

The project was initially expected to start by December 2026. It is viewed as a temporary measure to stabilise the grid until longer-term projects are ready.

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The Ethiopian Electric Utility has finalized a power purchase agreement with Kenya Power and Lighting Company at a tariff of 15.5 U.S. cents per kilowatt-hour.

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The Visayas power grid could face supply shortfalls for one to two years, the Department of Energy said on June 1.

The Ministry of Mines and Energy reported 4.63 GW of installed capacity in solar and renewable projects through July. The Plan 6GW Plus target fell 1.37 GW short.

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Utility Enercity from Hannover plans to build a virtual power plant together with British firm Kraken. Media reported the news exclusively on June 4, 2026.

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