Market News

  • Kenya and GOGLA Work Together To Promote Solar Energy for Useful Purposes in Kenya

    Posted on :Tuesday , 2nd April 2024

    A Memorandum of Understanding (MoU) was formally signed by KEREA, the Kenya Renewable Energy Association, and GOGLA, the global association for the off-grid solar industry, to advance the productive use of solar energy in Kenya over the next four years. With funding from the IKEA Foundation, this partnership seeks to provide a greater number of Kenyans with access to modern, clean energy by uti. . .

  • Solar Power at a New Plant Reaches a Record Level Of 28%

    Posted on :Tuesday , 2nd April 2024

    The 40 megawatt (MW) Alten Kenya Solarfarms project at Kesses in Uasin Gishu went online last year, setting a new record for solar power producing capacity in Kenya.  

    Kenya National Bureau of Statistics (KNBS) collected data from Kenya Power, which showed that in 2023, solar power generation increased to a record 491.48 million kilowatt-hours (kWh).  


    There w. . .

  • Energy America Announces Expansion into Kenya

    Posted on :Friday , 1st March 2024

    NAIROBI - as part of its endeavours to build a presence in East Africa, Energy America, a maker of solar modules, has extended its operations to Kenya.  


    Employment opportunities are expected to arise from this relationship, particularly for residents of Nairobi, the capital of Kenya.  


    The primary goal of Energy America is to supply utility, busi. . .

  • Kenya Power Aims To Save Sh2 Billion through Solar Power

    Posted on :Thursday , 29th February 2024

    Kenya Power says that a donor-funded initiative aimed at retrofitting expensive fuel off-grid stations with solar panels will save customers Sh2 billion annually.


    The stations would consume gasoline solely at night, according to Joseph Siror, managing director of the company, and will run on solar power during the day.


    According to Dr. Siror's statement ear. . .

  • Kenyan Renewables Will Receive Approximately $300 Million in Funding From CIF

    Posted on :Thursday , 1st February 2024

    Multilateral lender Climate Investment Funds (CIF) on 30 January, Kenya is aiming to use 100% clean energy by 2030, and CIF is supporting a strategy that could see over $300 million committed to help with this integration. According to the statement, at least an additional $243 million is anticipated to be raised from the public and commercial sectors, including through the World Bank Group and. . .


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