Market News

A Danish Company to Invest Sh1.3 Billion in the Solar Equipment Market in Africa.
A Danish Company to Invest Sh1.3 Billion in the Solar Equipment Market in Africa.
27 March 2025

The company has contributed $3.2 million (Sh413.4 million) since 2022 to extend safe water access programs throughout Africa, and this builds on that investment.  In the medium-to-long term, the company, which creates reasonably priced, solar-powered water filtration systems for marginalized an . . .

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Pilot production begins in the Hawassa Special Economic Zone of Ethiopia by Toyo Solar
Pilot production begins in the Hawassa Special Economic Zone of Ethiopia by Toyo Solar
3 March 2025

After investing USD 60 million in Ethiopia, Japanese solar panel maker Toyo Solar has started pilot production at its recently constructed facility in the Hawassa Special Economic Zone. The Industrial Parks Development Corporation of Ethiopia (IPDC) CEO, Fisseha Yitegesu (PhD), recently paid a . . .

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Solar energy project worth Ksh.10 billion launched by Ruto to power marginalized areas of Kenya
Solar energy project worth Ksh.10 billion launched by Ruto to power marginalized areas of Kenya
25 February 2025

President William Ruto announced a new Ksh.10 billion project that will help over a million Kenyans living in underserved areas of the nation.Kenya's energy revolution will be significantly expanded with the establishment of 113 mini-grids in 14 counties through the Kenya Off-Grid Solar Access Proje . . .

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A £3 Million Investment To Assist Africa's Production Of Perovskite Solar Modules
A £3 Million Investment To Assist Africa's Production Of Perovskite Solar Modules
30 January 2025

A £3 million ($3.7 million) funding has been given to a group of entrepreneurs and researchers to investigate the production of perovskite solar modules in South Africa, Kenya, Rwanda, and Nigeria. By encouraging domestic solar manufacturing in low- and middle-income nations, the REACH-PSM (Resilie . . .

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Kenyan Market Expansion For Neosun Energy
Kenyan Market Expansion For Neosun Energy
29 January 2025

With system capacities ranging from 200kW to 10MW, the expansion aims to provide commercial and industrial (C&I) projects with affordable and sustainable energy solutions.According to Neosun, the country's energy sector "presents both challenges and opportunities," making its debut into Kenya especi . . .

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