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Renewable Energy Ventures (K) Ltd. partners with EMPower's Lahmeyer International, Kfw, GEF, Carbon Africa Ltd. and KENGEN to carry out a nationwide study on large scale grid tied solar PV and CSP plants.
In March, we signed an MOU with Lahmeyer internation, the operational partner in the EMPower program that is funded in part by GEF and Kfw to analyse the potential for large scale grid tied solar projects in Kenya. The out come of this study will be a complete prefeasibility study and a PIM that will inform on the development of the project.
While the cost of solar PV has dropped significantly over the last few year, there has been no uptake of large scale solar energy in Kenya. A relatively low feed in tariff for solar energy in Kenya has also made the technology less attractive compared to wind and small hydro.
We have therefore invited the Ministry of Energy and KPLC to accompany us on the study so that they will also have a much clearer perspective of the solar energy space, specifically, greater than 1MW plants that are grid tied.
Solar Lanterns initiative
"........... it should be a crime for us to subject our children to the fumes and pollution of kerosene lanterns as they do their homework......"
With Kenya's electrification rate at 18% according to KPLC, there are 32 million Kenyans that use among other sources, kerosene lanterns for their lighting needs. These lanterns are expensive, cause indoor air pollution and are a fire hazard. We believe that with solar lanterns being a mature and proven technology that is relatively cheaper than Kerosene over the life of the lanterns, that every household in Kenya should have a solar lantern. We have therefore set a goal of providing 1 million solar lanterns in Kenya alone to displace one million kerosene lanterns. To learn more about this initiative, please visit www.solanterns.com
Recent Posts
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We join the Alliance for Rural Electrification
Renewable Energy Ventures has joined the Alliance for Rural Electrification . We are very impressed with the work that the Alliance is doing in bringing various stakeholders together and... Read more
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Kenya plunged into a Nationwide power black out
Kenya today was plunged into a nationwide black out. According to media reports, the MD of KPLC indicates that the black out is as a result of a technical fault at the at the Aggrekko power... Read more
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Local Investors can play a key role in financing access to energy
The just completed Infrastructure bond by KENGEN clearly indicates that there is the demand ( the bond initially set out to raise $200M ) and the capacity - local retail investors bought $284M... Read more
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Kenya's KENGEN Infrastructure Bond raises $334M to invest in Geothermal, Wind and Hydro
Kengen, the largest energy generator in Kenya, has raised $334 Million, well over it's original target of $200Million, to be invested in energy generation. Kengen will be adding to its already... Read more
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Africa Renewable Energy Alliance formed
Represenatives from variuos African countries meeting in Addis Ababa formed the Africa Renewable Energy Alliance ( AREA ). The aim of this alliance is to speed up electrification and take on... Read more