Market News

A Call for Applications to Expedite Green Start-Up Ventures Has Been Issued In Kenya
A Call for Applications to Expedite Green Start-Up Ventures Has Been Issued In Kenya
1 April 2024

The Kenya Climate Innovation Centre (KCIC) is holding a call for applications as part of its Greenbiz initiative to increase the capability and funding of green start-ups creating creative solutions in Kenya, especially in the waste management, water, and energy sectors. The deadline for interested . . .

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200 MW of Renewable Energy Are Imported by Kenya from Ethiopia
200 MW of Renewable Energy Are Imported by Kenya from Ethiopia
14 March 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 h . . .

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Smart Meters Boost Kenya Power's Revenue by Sh347 Million
Smart Meters Boost Kenya Power's Revenue by Sh347 Million
28 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 . . .

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UK to Ensure Sh9.6 Billion Loan for Kenyan Power Line Transmission Improvement
UK to Ensure Sh9.6 Billion Loan for Kenyan Power Line Transmission Improvement
29 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).&nbsp . . .

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Kengen Increases Geothermal Energy To Reduce Reduced Inputs At Major Hydroelectric Dams
Kengen Increases Geothermal Energy To Reduce Reduced Inputs At Major Hydroelectric Dams
14 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 . . .

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