Market News

  • Energy America Announces Expansion into Kenya

    Posted on :Friday , 1st March 2024

    NAIROBI - as part of its endeavours to build a presence in East Africa, Energy America, a maker of solar modules, has extended its operations to Kenya.  

     

    Employment opportunities are expected to arise from this relationship, particularly for residents of Nairobi, the capital of Kenya.  

     

    The primary goal of Energy America is to supply utility, busi. . .

  • Kenya Power Aims To Save Sh2 Billion through Solar Power

    Posted on :Thursday , 29th February 2024

    Kenya Power says that a donor-funded initiative aimed at retrofitting expensive fuel off-grid stations with solar panels will save customers Sh2 billion annually.

     

    The stations would consume gasoline solely at night, according to Joseph Siror, managing director of the company, and will run on solar power during the day.

     

    According to Dr. Siror's statement ear. . .

  • Kenyan Renewables Will Receive Approximately $300 Million in Funding From CIF

    Posted on :Thursday , 1st February 2024

    Multilateral lender Climate Investment Funds (CIF) on 30 January, Kenya is aiming to use 100% clean energy by 2030, and CIF is supporting a strategy that could see over $300 million committed to help with this integration. According to the statement, at least an additional $243 million is anticipated to be raised from the public and commercial sectors, including through the World Bank Group and. . .

  • Kengen Is Seeking Expert Advice for A 42.5 MW Solar PV Project

    Posted on :Wednesday , 31st January 2024

    Kenya Power Generating Company PLC (KenGen), a  key player  in the nation's power generation, has welcomed expressions of interest for counselling administrations connected with the oversight and the board of the 42.5MW Seven Forks Solar based Photovoltaic (PV) Power Project. The initiative aligns with KenGen's commitment to improving the country's power generation limit.

     . . .

  • KenGen Issues A 40 MW Kenyan Floating Solar Project Tender

    Posted on :Tuesday , 5th December 2023

    Kenya Electricity Generating Company (KenGen) is seeking consultants to assess the viability of a floating solar power plant with a potential capacity of around 40 MW.
     


    The project, backed by the German Development Bank (KfW), aims to be situated on the Kamburu Hydropower Plant Reservoir in Kenya.
     


    KenGen had previously conducted a pre-feasibility study in . . .

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