Olsuswa Energy Limited is a Kenyan based company focused on renewable energy projects across Africa. In the Republic of Kenya Olsuswa Energy has been granted a geothermal resource licence (No.1/2016) as per the Geothermal Act (1982) for the northern most-known geothermal prospect- Barrier Volcanic Complex in Turkana County. As a local company, Olsuswa Energy looks to provide local solutions in the Kenyan energy sector for the benefit of all consumers by reducing energy costs through the national grid and hence providing clean, green and affordable electricity in line with Kenya’s Vision 2030. Olsuswa’s intended prospect covers an area of 136 sq.km.
To be Africa’s leading geothermal producer. We aim to be the first African geothermal company to operate outside of the continent. We envision that in the next 10 years we shall be an internationally listed company with a market capitalisation of over USD$ 1Billion with an installed capacity of 500MW, operating in over 5 countries. By 2030 we shall have powered over 1 million households and enterprises on the African continent while and in turn lifting over 2 million people from poverty directly and indirectly.
To enhance lives through green, renewable, affordable geothermal energy
Core value principle
- Local innovativeness
- Continuous improvement
- Conscious entrepreneurship
- Conscious leadership
Geothermal energy is power derived from the heat generated and stored in the earth’s crust. This thermal energy is found in rocks and fluid beneath the earth’s surface; with occurrence varying from shallow ground to several kilometers deep.
It is a renewable resource that can be harnessed for:
- Electricity generation
- Direct heating applications.
Potential in Kenya
High-temperature geothermal prospects within the country are spread over the Kenyan Rift, traversing from the South to the North. The rift is a volcano-tectonic feature and as a result, most of the potential sites are characterized by large shield volcanoes occurring in the axis of the rift. These potential sites are indicated on the map beside and are known to be the best geothermal sites in the world due to the phenomenal geological formations in The Great Rift Valley.