Kenya’s new energy policy is likely to attract investors who were restricted to selling independently. Photos/FILE/TEA Graphic Nation Media Group
The change in policy is likely to attract new investors in solar energy, who were hitherto restricted to selling their power independently.
It is also expected to trigger new investments by communities living in high solar-potential regions like northern Kenya and to improve Kenya’s energy mix, eventually reducing the cost of electricity and boosting supply.
The revision will also see biogas suppliers roped into the national grid and geothermal prices raised to attract investors who previously kept away due to low tariffs.