Market News

  • Kenya to Construct 300 MW Solar Plant in Zambia

    Posted on :Saturday , 11th May 2019

    Kenya plans a deal to construct a 300MW solar plant in Zambia at a cost of US $500m focused at expanding the county’s generation capacity, re-balancing the reliability on hydropower and supporting the rural electrification programme.


    The Nairobi-based renewable energy company, Xago Africa that secured the contract will undertake the project in a joint venture with Zambia. . .

  • Solar power plant in Kenya gets 52 million Pounds Funding from UK

    Posted on :Thursday , 9th May 2019

    Foreign Secretary Jeremy Hunt has welcomed funding totaling £52 million that has been raised for a solar power plant in Kenya.


    The project, run by British-headquartered power company Globeleq and funded by CDC, the UK’s development finance institution, is due to come online in 2020.
     
    It will enable clean electricity to the Malindi region in. . .

  • KENYA'S NATIONAL GOVERNMENT SOLAR POWER PROJECT KICKS OFF

    Posted on :Friday , 26th April 2019

    Kicking off an ambitious project, the national government of Kenya working hard to provide solar energy and cash transfers to over a million Kenyans in 47 counties. This ‘project is funded by the Swedish government and is as dubbed Mwangaza Mashinani’ program, the sole aim of which is to ensure that most vulnerable people in the country are not left behind as homes are connected to . . .

  • Japanese Solar Giants Mitsui lines up expansion plans into Kenya's Solar Mini-Grid Market

    Posted on :Wednesday , 24th April 2019

    Japan's solar industry leaders Mitsui & Co had signed an agreement into acquiring a stake in Nairobi based M-KOPA, developer of Solar Home Systems (SHS) last year and is now seeking the link to grow into solar-powered mini-grids, according to local managers.

    M-KOPA  mounts solar panels on the rooftops of residential home. . .

  • Ncondezi and GridX Partner Up to Invest in Africa's Vast Solar Landscape

    Posted on :Wednesday , 24th April 2019

    British based company, Ncondezi Energy entered into an agreement with GridX Africa, a private power producer to form a joint venture which would specialize in installing solar mini grids for businesses and shops acroos Africa.

    This new alliance  emerging in the solar energy sector of Africa aims to conquer the vast potential. . .

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