Kenya signs Sh220bn solar power deal

Kenya will Sunday sign a Sh220 billion deal to develop a 1000MW solar power project over the next five years with the support of Canadian energy firm, SkyPower.

The move is in a bid to increase the share of renewable energy onto the national grid. The landmark deal will be signed Sunday between SkyPower and Kenya’s ministry of energy.

The announcement, made during the Global Entrepreneurship Summit (GES), underlines the raft of investment deals signed between global companies, financiers, entrepreneurs and governments.