Market News

  • Heavy Rains in April Led To an Increase Of 23 Percent in Hydropower Production

    Posted on :Friday , 31st May 2024

    The country experienced heavy rains in April, which led to a 23.2% rise in the generation of hydropower one of the most affordable forms of electricity. The Energy and Petroleum Regulatory Authority (Epra) reported that 358 million kilowatt-hours (kWh) were produced by the 13 largest hydropower units in the month.


    This was the biggest output in over three years since a peak o. . .

  • Over The Period 2018-2022, Electricity Production Increased From 2351MW to 3312MW

    Posted on :Thursday , 23rd May 2024

    According to Davis Chirchir, cabinet secretary for energy and petroleum, the amount of electricity produced went from 2,351 MW to 3,312 MW. At the same time, the number of customers connected to the electricity increased from 6.78 million to 9.21 million, meaning that both on- and off-grid connectivity rates increased by 75%.  


    According to the CS, 415,032 barrels of cru. . .

  • Three-Year EV Adoption Plan in Kenya Involves an Investment of USD 1.9 Million

    Posted on :Monday , 29th April 2024

    The nation's energy distributor, Kenya Power, announced that it will invest a total of 1.93 million US dollars over the next three years to promote the use of electric vehicles (EVs) in Kenya.


    According to Kenya Power Managing Director Joseph Siror, the investment pays for the development of charging stations at various locations throughout the nation as well as the expense o. . .

  • A Call for Applications to Expedite Green Start-Up Ventures Has Been Issued In Kenya

    Posted on :Monday , 1st April 2024

    The Kenya Climate Innovation Centre (KCIC) is holding a call for applications as part of its Greenbiz initiative to increase the capability and funding of green start-ups creating creative solutions in Kenya, especially in the waste management, water, and energy sectors. The deadline for interested startups to apply is April 15, 2024.


    The Kenya Climate Innovation Centre (KCIC. . .

  • 200 MW of Renewable Energy Are Imported by Kenya from Ethiopia

    Posted on :Thursday , 14th March 2024

    NAIROBI - Kenya has imported 200 megawatts of renewable energy from Ethiopia, according to Energy Cabinet Secretary (CS) Davis Chirchir. This information comes at a time when Kenya is trying to completely embrace sustainable energy sources.  


    The 30th Eastern Africa Power Pool (EAPP) was hosted by the CS, who claimed that the nation also exchanges energy with Uganda.

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