The European Investment Bank and FMO, the Dutch entrepreneurial development bank, have agreed to finance construction and operation of two new solar photovoltaic plants in Kenya. EIB and FMO will each provide US$53 million for

Meru County is set to host Africa’s first hybrid renewable energy plant following the signing of a Sh15 billion deal. The Kenyan Investment Authority (KenInvest) and the Meru County Government inked the pact for the

Capital Markets Authority has approved Kenya’s first Sh5 billion unlisted green bond, which will be issued by Acorn Project (Two) Limited. According to the Authority, the approval will enable the government to raise funds to

The Kenya Electricity Generating Company (KenGen) Plc announces that it has successfully added 79 megawatts (MW) of power to the national grid following the completion of Unit 1 of Olkaria V Geothermal Power Plant. The

Qatar Petroleum, a State-owned company of the energy-rich Arab nation, has acquired a block of Kenya’s offshore oil and gas exploration fields, adding to a growing list of global corporations seeking to exploit huge fuel

The UK Government is investing Sh220 million ($2.2million) in the development of two solar plants in rural Kenya. The funds will be channelled through InfraCo Africa, a private infrastructure development group company. The UK’s Minister

  The wind energy subsector is set to receive a boost after the Treasury proposed to exempt equipment and materials for its development and generation from value-added tax. Previously only solar power equipment and materials