• 5 minutes Oil prices forecast
  • 8 minutes Nuclear Power Can Be Green – But At A Price
  • 11 minutes Projection Of Experts: Oil Prices Expected To Stay Anchored Around $65-70 Through 2023
  • 16 minutes Europe Slipping into Recession?
  • 6 hours *Happy Dance* ... U.S. Shale Oil Slowdown
  • 8 hours Emissions from wear of brakes and tyres likely to be higher in supposedly clean vehicles, experts warn
  • 5 hours UK, Stay in EU, Says Tusk
  • 14 hours How Is Greenland Dealing With Climate Change?
  • 9 hours Socialists want to exorcise the O&G demon by 2030
  • 12 hours Is Natural Gas Renewable? I say yes it is.
  • 15 hours Germany: Russia Can Save INF If It Stops Violating The Treaty
  • 42 mins Algorithms Taking Over Oil Fields
  • 2 days Maritime Act of 2020 and pending carbon tax effects
  • 15 mins Blame Oil Price or EVs for Car Market Crash? Auto Recession Has Started
  • 3 days Connection Between Climate Rules And German's No-Limit Autobahns? Strange, But It Exists
  • 21 hours Saudi Private Jet Industry Stalls After Corruption Crackdown
Oil Rises After Choppy Start To The Week

Oil Rises After Choppy Start To The Week

Oil prices rose by roughly…

Oil Markets Could See Deficit In 2019

Oil Markets Could See Deficit In 2019

The OPEC+ cuts and slowing…

Kenyan Solar Power Projects Scarce Despite Potential

Kenyan solar power projects are designed to be available to individual consumers in rural areas, but funding remains scarce despite the market’s potential.

Importing a finished solar pack capable of generating electricity with of a solar panel, batteries and an inverter costs $800 along with a $40 governmental inspection, but importing the components to manufacture these products raises their cost significantly above market prices.

Despite solar power costs plummeting 60 percent since 2005 in the international market due to technological advances and increased manufacturing efficiency, the development of rural solar power remains a largely untapped market in Kenya, even though polysilicon, the main raw material in photovoltaic solar panels has declined a further 33 per cent to about $50 a kilogram in the global market since June, Nairobi’s Business Daily reported.

This declining price for polysilicon has lowered production costs in the $35 billion global market for photovoltaic devices, and many analysts believe that it will fuel global interest in solar power.

Despite the country’s potential, Kenyan solar power production is currently three percent of the country’s total energy output, which many analysts attribute to outdated government policies.

SolarWorks Ltd. managing director Dickson Muchiri, whose firm imports solar equipment noted, "We pay between 2.5 and five percent to import solar equipment, one would therefore save more importing finished products."

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News