Electricity Cost Rises by KSh1.20 Per Unit
Kenya Power has announced that electricity cost in March has risen by KSh1.20 per unit, including taxes, on the backdrop of increased compensation to expensive diesel plants. This pushes the [...]
Petrol Prices Hit Ksh 122.8 Following a Leap in March Pump Prices
Super Petrol prices rose by Ksh 7.63 to retail at Ksh 122.81 per litre following the latest Energy and Petroleum Regulatory Authority (EPRA) review. The hike in pump prices also [...]French Group, EDF Acquires Stakes in 2 Kenyan Energy Companies
French energy group, EDF has announced the buying stakes in two Kenyan companies; a 50% stake in solar energy firm Econet Energy Kenya and a23% stake in off-grid energy company [...]Nuru Mugambi Recognized Among Top 25 Global Influencers in Green Finance
Director of Public Affairs and Sustainable Finance Lead at the Kenya Bankers Association (KBA) Nuru Mugambi was recognized among the top 25 influencers in green finance by Mandalore Partners. At [...]KenGen Secures Kes 709 Million Geothermal Contract In Djibouti
Kenya Electricity Generating Company (KenGen) Plc signed a Kes 709 million contract to drill three geothermal wells in Djibouti. On Thursday, the company signed a Kes709,822, 630 contract with the [...]
Shell Amazon Ink Supply Deal for Renewable Energy by 2025
A unit of oil major Royal Dutch Shell has inked a deal to supply Amazon with renewable energy, enabling the latter to power its business completely using clean energyby 2025, [...]British Power Producer Globoleq Acquires Controlling Stake in QPEA GT Menengai Ltd
British power producer Globoleq received a green light to acquire a controlling stake in Quantum Power East Africa GT Menengai (QPEA), a company contracted to build a 35MW geothermal plant [...]Kenya among Sub-Saharan Countries to Tap KSh30 Trillion for Clean Energy
The International Finance Cooperation (IFC), World Bank's investment arm, has named Kenya among the four sub-Saharan countries to benefit from theKSh30 trillionclean energy fund over the next ten years. According [...]Kenya Power targets SMEs with tech meters
Kenya Power, a state-owned power utility firm, has rolled out a smart metering project that aims to benefit 55,000 customers in the Small and Medium Enterprise(SME) sector across Kenya. This [...]
Nigeria’s Daystar Power Raises $38 Million for Solar Access Expansion
Nigeria's Daystar Power has raised$38 millionfrom Investment Fund for Developing Countries and Morgan Stanley to expand solar access across West Africa. Furthermore, the funding will allow it to ensure its [...]Kenya's National Oil Seeks KSh 7.5 Billion Cash Bailout
Technically insolvent National Oil Corporation of Kenya (NOCK) requires a cash injection of KSh 7.5 Billion to keep running for another year. According to a report by Leadwood Energy and [...]Energy Regulatory Authority Appoints Daniel Kiptoo as Acting Director-General
The Energy and Petroleum Regulatory Authority (EPRA) has appointed Daniel Kiptoo as the acting Director General of the organization to take over from Pavel Oimeke. EPRA suspended its director-general, Pavel [...]
