Market News

 In a major boost to the country’s efforts to transition from dirty and expensive fossil fuel to clean energy, the wind and solar energy project is expected to reduce the average cost of electricity production by an average of 20 per cent. French  Foreign Affairs Minister Jean Marc . . .

 Nairobi — Kenya and France Monday signed a deal of Sh3.63 billion for power grids in Northern Kenya counties, boosting the government's efforts to provide affordable power to all Kenyans.   President Uhuru Kenyatta and French Foreign Minister Jean-Marc Ayrault witnessed the signin . . .

Kenya Power is set to roll out a massive electricity grid modernisation plan in major towns to stabilise power supply as more customers are hooked to the main network.   An elaborate plan seen by the Nation will see the network within Nairobi and its outskirts taken underground.   The . . .

Small and medium enterprises (SMEs) that are interested in investing in renewable energy technologies will now receive soft loans from the French Development Agency through Diamond Trust bank (DTB).   Agence Francaise de Development (AFD) and DTB have signed a credit agreement worth Shs 33bn . . .

The upcoming East African Power Industry Convention (EAPIC) in Nairobi, Kenya will focus on how the region can harness the opportunities presented by geothermal power to enhance access to energy, especially among rural communities.   "There is no one-size-fits-all approach to developing geoth . . .