GEG was established in Iceland in 2008 and was founded on a market opportunity for modular smaller-scale power plants.
With a unique modular small-scale wellhead power plant design, and the development model from wellhead to transmission line, GEG pioneered the “turn-key“ modular geothermal wellhead power plant concept with one of the world’s lowest footprint per MW.
Entrusted by Kenya Electricity Generating Company (KenGen), we built a 5 MW wellhead plant in Olkaria, Kenya, as our pilot plant in 2012 — effectively proving the wellhead geothermal power generation concept. With the success of that installation, KenGen contracted us to develop an additional 14 plants in Olkaria, with 81MW power generation.
Between 2012 to 2017, GEG Power and KenGen brought these geothermal power plants online. These plants currently deliver over 10% of Kenya (and 9% of Africa’s) installed geothermal power generation capacity.
With an additional plant built for Landsvirkjun, Iceland‘s national power company, GEG has now contributed 86 MW in installed geothermal power generation capacity.
This represents over 1.7% of the global installed new geothermal capacity between 2011 and 2020.
Since its inception, we estimate that GEG has already achieved the avoidance of over two million tons of CO2 through our geothermal activities.