Market News

 Kampala — A Ugandan-Italian consortium Simba Telecom/Building Energy SPA and the consortium of Access/TSK Electronica of United Arab Emirates and Spain will invest $38million in two Solar Power Energy projects in Eastern Uganda. The two consortium companies will generate 20MW of electri . . .

Nairobi, Kenya – October 13th 2014: M-KOPA Solar has been recognized as a top 100 global clean technology company in the 2014 Global Cleantech 100 awards – which are presented to the most innovative and promising ideas by companies to solve tomorrow’s clean technology challenges. . . .

1MWp solar PV project bringing clean green energy to Kenyan tea farm Williamson Tea has unveiled East Africa’s largest solar project at its Changoi Tea Farm in Bomet County, Western Kenya. The solar system will cut Williamson Tea’s energy costs by around 30%, supplying clean solar ele . . .

 Uganda announced that our foreign and domestic firms would build two solar power plants, with a total capacity of 20 megawatts (MW) as it seeks to develop its renewable energy potential. Keen on expanding its capacity to support an industrialization drive, the east African country is currentl . . .

 US installer SolarCity is among the investors in a US$16 million funding round closed this week by Off Grid Electric, a company offering pre-paid solar systems in Africa. Apart from SolarCity, infrastructure fund manager, Zouk Capital and Vulcan Capital, the private investment firm of Microso . . .