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 […]
Kenya’s telecom market continues to undergo considerable changes in the wake of increased competition, improved international connectivity, and rapid developments in the mobile market. The country is directly connected to a number of submarine cables, and with Mombasa as a landing point for LIT’s newly completed East and West Africa terrestrial network, the country serves […]
Solar park. Image by: Globeleq/PRNewswire. January 21 (Renewables Now) – Africa-focused independent power producer (IPP) Globeleq said on Friday that its 40-MW/52-MWp Malindi solar farm in Kenya is fully operational. The plant has been exporting power into the national grid since mid-December 2021. Its output is sold to national distribution company Kenya Power and Lighting […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.
We would like to show you notifications for the latest news and updates.