Africa fund backs 40MW solar farm in Kenya
Fund (EAIF) has offered a $35m financing to the 40MW Kesses solar project in Kenya. EAIF said the initial part of the debt, which will certainly run over a
Feb 7, 2022 // Markets & Finance News, Kenya, Africa, solar farm, EAIF, Sine Zulu
Germany Offers EUR 112 Mn Euros to Kenya for Renewables, Hydrogen
German government is mulling to offer EUR 112 million or $118 million to Kenya to aid the Eastern African country develop its renewable energy market even more
Dec 13, 2022 // Markets & Finance News, clean energy, Kenya, Africa, green hydrogen, green energy, Africa renewable energy industy, German loan to Kenya
Kenya's largest dairy producer wishes to purchase solar
Kenya Cooperative Creameries completed the initial stage of a tender today to buy electrical power from a solar facility that will be built at its new KCC Sotik
Jun 25, 2020 // Markets & Finance News, Kenya, Africa
Kenya's State-Owned Utility Ken-Gen to Add 3000 MW RE to National Grid in Decade
Kenya Electricity Generation Company (KenGen), which is a power utility possessed by the State, has revealed that it has planned 3000 MW of renewable energy to the national over the span of the decade. Currently, KenGen has actually a set up capacity of 1,904 MW. It will check out tapping one more 10,000 MW of clean energy. "The Board authorized a ten-year corporate approach last year and we are now ready to roll it out in this new year 2023 having actually established a durable application plan to lead us in the next frontier of our business development," stated Managing Director as well as CEO, Abraham Serem. He additionally claimed in the exact same breath that the existing nuclear power plant will certainly be upgraded in the direction of this end to make them more effective. Kenya has notably increased its portfolio of renewable resource. As a matter of fact, as of 2022, greater than 75 percent of its electricity needs were satisfied from renewable resources. Kenya boasts of strong solar output in addition to solid potential customers for wind energy due to the good geology. Consequently, it is also drawing in rate of interest from international capitalists in the renewable space, especially for rural electrification. Kenya also has been accelerating its efforts when it come to the advancement of renewable energy and also making financial investments in leading technologies. In Africa, Kenya possesses the greatest claim of renewable energy in power mix. He stated further that the company that the company will be seeking to rehabilitate its existing power plants to make them extra efficient for sustainable generation. "The Board accepted a ten-year corporate technique last year as well as we are now ready to roll it out in this new year 2023 having actually developed a robust execution plan to lead us in the following frontier of our business development," he ended.
Jan 6, 2023 // Grids, National Grid, green energy, energy mix, installed capacity, Abraham Serem, KenGen
Bboxx, Unilever Collaborate to Connect 1 Million People with Clean Energy Products in Kenya
provide rate to clean energy accessibility for houses in the African nation of Kenya that would assist change lives. Bboxx is a system giving access to vital
Sep 14, 2022 // Markets & Finance News, Kenya, Africa, bboxx, Mansoor Hamayun, Sustainable, Henry Muchauraya, Sunlight, Unilever
Renewvia Energy safeguards USD-1m of SIMA funds for solar mini-grids in Kenya
will send out Renewvia back to the islands of Ringiti and also Ndeda, on the Kenyan side of Lake Victoria, where its currently has and also runs two solar
Jun 2, 2021 // Markets & Finance News, Grids, Kenya, Africa, Renewvia Energy, solar mini-grids, SIMA, Trey Jarrard, Asad Mahmood
Kenya's initial floating PV plant took into operation
to the company, the price of power in developing nations like Kenya is "enormously high, so some residents can not afford electricity in any way." Many
Apr 7, 2021 // Plants, Large-Scale, Floating PV, Germany, floating PV, Europe, PV Power Plant, Ecoligo GmbH
Solar-powered desalination plant in Kenya gives fresh water to 25,000 people a day
solar-powered desalination plant provides fresh water in Kenya. The plant is already able to support 25,000 people a day. As more water-scarce regions pop up
Aug 7, 2019 // Plants, Large-Scale, Commercial, TESLA, Elon Musk, Kenya, desalination, Hayes Barnard, GivePower, World Health Organization, water, Africa
Africa’s ‘largest’ solar-plus-wind-plus-storage project unveiled
and Australian-headquartered wind developer Windlab have signed a deal with Kenyan authorities to develop an 80MW solar-plus-wind-plus-storage facility in
Sep 2, 2019 // Plants, Large-Scale, Commercial, Storage, Grids, Windlab, solar-plus-wind-plus-storage, Africa, Eurus Energy
EDF buys minority risk in off-grid expert Bboxx's Kenyan company
in the African market, is partnering with EDF to broaden its footprint in Kenya by capitalising on the energy group's commercial sources as well as economic
Feb 26, 2021 // Markets & Finance News, EDF, Kenya, Africa, aiim, bboxx, distributed solar, mini-grids, Togo, mini-grid, off-grid, africa solar, global energy summit, Anshul Patel, Valerie Levkov
European Investment Bank and FMO go halves on 80MW of Kenyan solar
bank FMO have agreed to finance the construction and operation of a duo of Kenyan solar plants that have a combined capacity of 80MW.   The two banks
Sep 25, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, utility-scale PV, Kenya, Africa, east africa, european investment bank, frontier energ, fmo, grid-connected pv, David Langat, Ayaz Merali
Kenyan utility launches tender for PV panel manufacturing facility
utility Kenya Electricity Generating Company plc has actually introduced a tender for building of a 10 MW solar module manufacturing facility at its
Mar 12, 2020 // Manufacturing News, tender, Kenya, Africa
Swedish fund finances five African solar projects
round given by Trine will fund five solar projects in South Africa as well as Kenya. Need for on-site renewable energy possessions is proliferating as companies
Sep 2, 2021 // Markets & Finance News, Kenya, Africa, South Africa, Jan Albert Valk, Solarise Africa, TRINE, Sam Manaberi
Geothermal advancement in Eastern Africa
as direct use Despite the area's economic obstacles, plants in Ethiopia and Kenya have attained geothermal power generation capacity of regarding 900
Nov 18, 2020 // Market Research, Africa
Mozambique: Globeleq Invests in Solar, EDM Retains Stake
of Globeleq’s solar PV portfolio in Africa across South Africa, Egypt, Kenya and Mozambique with a total capacity of close to 400MW. Additionally, the
Dec 28, 2023 // Plants, Africa, Mozambique, PV Power Plant, Globeleq