Market News

  • Japanese Solar Giants Mitsui lines up expansion plans into Kenya's Solar Mini-Grid Market

    Posted on :Wednesday , 24th April 2019

    Japan's solar industry leaders Mitsui & Co had signed an agreement into acquiring a stake in Nairobi based M-KOPA, developer of Solar Home Systems (SHS) last year and is now seeking the link to grow into solar-powered mini-grids, according to local managers.

    M-KOPA  mounts solar panels on the rooftops of residential home. . .

  • Ncondezi and GridX Partner Up to Invest in Africa's Vast Solar Landscape

    Posted on :Wednesday , 24th April 2019

    British based company, Ncondezi Energy entered into an agreement with GridX Africa, a private power producer to form a joint venture which would specialize in installing solar mini grids for businesses and shops acroos Africa.

    This new alliance  emerging in the solar energy sector of Africa aims to conquer the vast potential. . .

  • KENYANS MOVE TOWARDS SOLAR POWER SYSTEMS AND INSTALLATIONS

    Posted on :Thursday , 4th April 2019

    Kenya is actually the world leader in the number of solar power systems installed per capita. More Kenyans are turning to solar eco power every year rather than making connections to the country's electric grid. due to a number of challenges that they face when they are connected to the national grid. 

    First and foremost the national grid includes high cost of buying power from Ken. . .

  • Energias de Portugal to Fund Six Solar Projects in Africa

    Posted on :Wednesday , 3rd April 2019

     EDP(Energias de Portugal) are one of Europe’s biggest energy operators. Through the A2E (Access to Energy) CSR Fund, EDP will support six sustainable and clean energy projects in East Africa in Kenya, Tanzania, Mozambique and Malawi.

     
    In this first phase, EUR 450 thousa. . .

  • France's Voltalia Invests Big in Kenya

    Posted on :Friday , 5th April 2019

    French President Emmanuel Macron, who traveled to Kenya with a business delegation, saw the signing of more than EUR 2 billion ($ 2.26 billion) in infrastructure contracts.

    Renewables company Voltalia signed a contract of EUR 70 million for two solar power plants, while an Airbus - led consortium has won a contract of EUR 200 m. . .

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