Kiharu MP Ndindi Nyoro (left) and Kenya Power building in Nairobi CBD. Annual Report and Financial Statements show that Kiharu Member of Parliament Samson Ndindi Nyoro is among the top individual shareholders at the troubled Kenya Power and Lighting Company – KPLC . The company’s annual report dated 30th June 2021 revealed that the lawmaker […]
The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG) ( www.PIDG.org ), confirmed its leading position as a provider of debt funding to Africa’s alternative energy generation sector. EAIF has provided a US$35 million loan over a 15-year term to the 40MW Kesses solar generation facility to be […]
Here are some noteworthy cleantech announcements of the day from around the world: Independent power producer ReNew Power commissioned a 17.6 MW first phase wind-solar hybrid project at the Chlor-Alkali unit of Grasim Industries in Bharuch, Gujarat. ReNew Power and Grasim Industries have entered into a 25-year purchase power agreement, which will see the project […]
The International Renewable Energy Agency estimated Kenya had 106MW of grid-connected solar capacity at the end of 2020. Graphic created by Max Hall, using content from freevectormaps.com, for pv magazine The Emerging Africa Infrastructure Fund ( EAIF ) financed by the governments of the U.K., the Netherlands, Switzerland, and Sweden has provided a $35 million, […]
An electric taxi charging at a station. [Courtesy] Last month, Kenya Power and Lighting Company (KPLC) announced plans to roll out a national network of electric vehicle (EV) charging stations, with the goal of unleashing new revenue streams and diversifying their business. No details have been provided about how exactly they plan to fund and […]
As Nairobi Expressway takes shape with finishing touches, a metal fence is being erected at sections of the Sh67 billion road; in what would be every scrap metal dealer’s dream if a ban on the trade was not in place. A lucrative scrap metal trade is funding vandalism that had become so daring the culprits […]
A Chargenet Kenya electric vehicle charging station at ABC Place, Waiyaki Way, Westlands in Nairobi on September 14, 2021. PHOTO | DIANA NGILA | NMG Last month, the Kenya Power and Lighting Company announced plans to roll out a national network of electric vehicle (EV) charging stations, intending to unleash new revenue streams and diversify […]
The transaction reeks of a botched money laundering deal. I refer to the investigation by Parliament of a money transfer transaction between the power producer, Lake Turkana Wind Power (LTWP) and Kenya Power and Lighting Company that was flagged by a Standard Chartered Bank branch in Frankfurt as being suspicious. So far, the information before […]
BigPixel Photo/Shutterstock.com Often noted for its chaotic, traffic-clogged streets, downtown Nairobi is the scene of several pioneering experiments in electrified public transport. Starting in February, Nairobi-based electric vehicle (EV) and finance company BasiGo will pilot-test two electric buses with public transport providers, offering a model for how Kenya can move towards an electrified and sustainable […]
Kenya Power building in Nairobi CBD. File Kenya Power, and electricity in general, has become an ubiquitous component of today’s living to an extent it is difficult to fathom that, slightly over a century ago, none of it existed in Kenya. The company, which was formerly christened Kenya Power and Lighting Company (KPLC), has in […]
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