Last Updated 12 years ago by Kenya Engineer
Kenya Association of Manufacturers has signed into a multimillion shillings project with French Development Agency (AFD) in an effort to increase production of renewable energy in Kenya.
The energy project is set to cost Ksh 239 million is under Regional Technical Assistance Programme (RTAP). This project will relieve off Kenyans from frequent energy shortages.
The project will support Government policies in increasing power generation and the share of renewable energy and improve energy efficiency by financing selected investments in renewable energy.
The fund will be distributed through the private sector to assist in boosting energy capacity in the country.
The funding of Phase 2 is as a result of completion and implementation of Phase 1 that sought to recognize projects and provide various support to different stakeholders, sponsors and commercial banks.
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