Market News

  • Affordable solar power systems changing Kenya

    Posted on :Wednesday , 13th September 2017

     It is early evening in Ndabibi village in Naivasha and there are threatening clouds overhead. Kenneth Njoroge quickly parks his motorcycle by the mud structure that serves as his kitchen and rushes into the main house before the rain starts pounding.

     
    Until recently, Njoroge’s home northwest of Kenya’s capital, Nairobi, was poorly lit at night. Most. . .

  • Solar power firm to finance and build small plants for companies

    Posted on :Wednesday , 13th September 2017

     Solar specialist Solarcentury announced on Wednesday that it would finance and build solar power systems for companies keen to install them but do not have the capital.

     
    This follows a partnership between the company and energy financier CrossBoundary Energy.
     
    The firm said Wednesday in a statement the partnership would enable more. . .

  • Kenya developers fit homes and buildings with solar technology

    Posted on :Wednesday , 13th September 2017

     Greenpark was founded in 2006 and the 150-acre housing estate has 400 units all fitted with solar panels for water heating.

     
    Each solar unit costs about 800 U.S. dollars to install.
     
    Residents say the panels have helped cut electricity costs by nearly half.
     
    "Basically it is a very energy saving p. . .

  • Kenya: Social Enterprise Solar Firm to Setup Manufacturing Plant in Kenya

    Posted on :Saturday , 29th April 2017

    Kenya — Social Enterprise firm GeNNex is set to build its manufacturing plant in Kenya as it eyes the rapidly expanding solar energy sector.

     
    The firm produces solar products that charge phone devices and provide power to homes, using off-grid systems.
     
    Nathaniel Peat the firms' Co - Founder, says Kenya has become an important mark. . .

  • Africa: Renewable Energy Could be Cheaper Than Fossil Fuels in Ten Years - UN Backed Report

    Posted on :Thursday , 6th April 2017

    A new United Nations-backed report has revealed overwhelming consensus that renewable power will dominate in the future, with many experts saying that even large international corporations are increasingly choosing renewable energy products either from utilities or through direct investment in their own generating capacity.

     
    "[The report] is meant to spur discus. . .

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