Market News

  • 200 MW of Renewable Energy Are Imported by Kenya from Ethiopia

    Posted on :Wednesday , 28th February 2024

    NAIROBI – Kenya has imported 200 megawatts of renewable energy from Ethiopia, according to Energy Cabinet Secretary (CS) Davis Chirchir. This information comes at a time when Kenya is trying to completely embrace sustainable energy sources.  

     

    The 30th Eastern Africa Power Pool (EAPP) was hosted by the CS, who claimed that the nation also exchanges ener. . .

  • Smart Meters Boost Kenya Power's Revenue by Sh347 Million

    Posted on :Wednesday , 28th February 2024

    According to Kenya Power, the company's annual sales have increased by Sh347 million as a result of the installation of 67,000 new smart meters. The company intends to install more of these meters in order to maximize collections from small enterprises.

     

    The meters were installed by the company in an effort to save operating expenses and commercial costs.

     

    Th. . .

  • UK to Ensure Sh9.6 Billion Loan for Kenyan Power Line Transmission Improvement

    Posted on :Monday , 29th January 2024

    Nairobi — The United Kingdom has ensured a Sh9.6 billion credit from the African Improvement Bank (AFDB) to Kenya in climate financing.

     

    This is after the nation was chosen as a beneficiary of the Transmission Network Improvement Project under the Room to Run Sovereign Transaction (R2RS).

     

    British High Commissioner to Kenya Neil Wigan expre. . .

  • Kengen Increases Geothermal Energy To Reduce Reduced Inputs At Major Hydroelectric Dams

    Posted on :Tuesday , 14th November 2023

    Kenya Electricity Generating Company PLC (KenGen) has announced a revamped plan to step up electricity generation from geothermal power plants in a strategic move to cushion Kenyans from the effects of low water inflows at the large hydropower stations.

     

    As of 6th Nov 2023, Masinga Dam, which is Kenya’s largest hydropower dam, recorded water levels of 1039.4. . .

  • Kenya Announces Green Hydrogen Roadmap and Strategy with Support from EU and Global Gateway

    Posted on :Wednesday , 13th September 2023

    At the inaugural African Climate Summit in Nairobi, President of the European Commission Ursula von der Leyen and President of Kenya William Ruto unveiled the Green Hydrogen Strategy and Roadmap for Kenya, in collaboration with Global Gateway, Europe’s investment initiative for global sustainability.

     

    The comprehensive roadmap, developed with expertise from . . .

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