Market News | Power & Energy Kenya 2026

Market News

  • Sierra Cables to open cable manufacturing unit in Kenya

    Posted on :Thursday , 1st October 2015

     Sri Lanka’s Sierra Cables has decided to open a cable manufacturing company in Kenya to promote power generation projects in East Africa powercable AndreRobertoDoretoSantos flickrThe East African region has potential for cable manufacturers to enhance their business interests.

    A feasibility study was conducted, following which the company decided to set up a unit in Nairob. . .

  • East Africa: Eaton Roots for Storage of Power Generated From Renewable Sources

    Posted on :Tuesday , 29th September 2015

    Power management firm Eaton is calling for adoption and use of renewable energy storage technologies in Africa as uptake of alternative energy and power rises in the continent.

    During the recent East Africa Power Industry Convention (EAPIC) in Nairobi, Louis Shaffer, Eaton's Distributed Energy Segment Manager for Europe, Middle East and Africa Region noted that renewable energy w. . .

  • Kenya: Firms in Rush to Obey Energy Audit Directive

    Posted on :Tuesday , 29th September 2015

    Industries and large institutions are in a race to comply with a directive to carry out energy audits ahead of today's statutory deadline.

    The Energy Management Regulations 2012 published by the Energy Regulatory Commission require consumers of more than 180,000 units of electricity per year to carry out audits every three years.

    They target saving of at least 30 p. . .

  • Kenya: President Strikes Multi-Billion Investment Deals With U.S. Firms

    Posted on :Tuesday , 29th September 2015

    Kenya has secured commitments amounting to billions of shillings from American companies to increase power production and finance infrastructure projects.

    Some of these projects have already been initiated.

    President Uhuru Kenyatta said the commitments were secured during a morning meeting with the American companies under the umbrella Business Council for Internat. . .

  • New African Development Bank President Adesina looking to mobilize $55B for energy projects on the continent

    Posted on :Friday , 25th September 2015

    African Development Bank President Akinwumi Adesina, who took over this month, said he’s aiming to eliminate Africa’s energy deficit by 2025 by mobilizing $55 billion of investment.

    Termed the “New Deal for Energy in Africa,” the continent’s largest development bank said the plan will significantly raise its support for energy projects and that its p. . .

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