Market News

  • Kenya to Use Solar Panels to Boost Crops by 'Harvesting the Sun Twice'

    Posted on :Wednesday , 30th March 2022

    Solar panels are not a new way of providing cheap power across much of the African continent, where there is rarely a shortage of sunshine. But growing crops underneath the panels is, and the process has had such promising trials in Kenya that it was deployed in open-field farms.


    Known as agrivoltaics, the technique harvests solar energy twice: where panels have traditionally. . .

  • KENYA: Alten Closes Financing For Its 55 Mwp Kesses Solar PV Plant

    Posted on :Wednesday , 16th February 2022

    In Kenya, the Kesses solar project has reached a new stage. Its financing has just been completed following a financial mobilization that attracted 2 investors. This is the case of Standard Bank which arranged the transaction. The South African bank is also providing $41 million in debt including a term loan, a VAT (value added tax) and a debt service reserve facility.


    The ba. . .

  • KENYA: Three Solar Energy Providers Get CCISA Funding

    Posted on :Wednesday , 16th February 2022

    In Kenya, 3 suppliers of solar energy for productive use will be supported by the Clean Captive Installations for Industrial Clients in Sub-Sahara Africa (CCISA) program. This initiative is implemented by the United Nations Environment Programme (UNEP) to provide clean energy to industrial and commercial (C&I) customers.


    As in most African countries, solar energy is gaini. . .

  • Kengen Ramps up Plans to Build Solar Panel Production Plant

    Posted on :Wednesday , 19th January 2022

    Electricity generating firm KenGen is gearing up to start production of solar panels.


    The company is looking to tap into the growing demand for solar power products locally while diversifying its revenue streams.  


    KenGen in December 2021 started the search for a company to construct a manufacturing plant at its Tana Power Station in Murangâ&euro. . .

  • Solar Freezers for the Win at the Afcfta Caravan Prize-Giving

    Posted on :Thursday , 18th November 2021

    The African Continental Free Trade Area (AfCFTA) Caravan Prize celebrates Africa’s SMEs, start-ups, social enterprises and innovator entities keen on harnessing the benefits that will be created by AfCFTA to expand continentally and flourish at the grassroots. Growing out of the earlier AfCFTA Vision and Caravan Africa competitive grants programmes, the Caravan Prize aims to . . .


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