Bitcoin mining giant Marathon Digital recently announced a new partnership with Kenya’s Ministry of Energy and Petroleum to develop the country’s already thriving renewable energy sector.
“This agreement with the Ministry of Energy and Petroleum is a pivotal moment for our business as it provides us with a clear framework to pursue opportunities across the Republic of Kenya. It demonstrates the innovative approach that Kenya is taking to optimize their energy usage and to enhance their technological infrastructure.”
The ITA also noted that Kenya is one of the world’s lowest-cost geothermal energy producers and a prime candidate for solar energy generation due to the ample amounts of sunlight the African country receives every year.A pie chart breaking down Kenya’s renewable energy sector by method of generation. Source: International Trade Administration
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