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KUALA LUMPUR: Kejuruteraan Asastera Bhd's (KAB) indirect subsidiary Energy Optimization (Thailand) Co Ltd has secured four new projects in Thailand with a combined installed capacity of 3,912KW peak solar photovoltaic systems under the build-own-operate-transfer model.
Growth Market Reports
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PUNE, India, April 20, 2021 /PRNewswire/ Growth Market Reports published a new report Titled
Global Solar Energy Market by Technologies (Solar Photovoltaic Systems and Concentrated Solar Power Systems), Solar Modules (Monocrystalline, Polycrystalline, Cadmium Telluride, and Amorphous Silicon Cells), Applications (Residential, Commercial, and Industrial)- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028 .
The global solar energy market was valued at around USD 53 billion in 2018 and is
estimated to reach around USD 224 billion with a CAGR of nearly 20.5% over the forecast period, 2021-2028. Abengoa Solar S.A, Acciona Energia S.A, Bright source Energy Inc., Canadian Solar Inc., Gintech Energy Corp., Esolar Inc., First Solar, Kaneka Corp., Sunpower Corporation, Tata Power Solar, Urja Global Limited, Waaree Group, Wuxi Suntech Power Co. Ltd., and Yingli Solar are the key players in the market.
How grid defection could disrupt energy monopoly
Tuesday February 23 2021
Summary
It is no secret that high costs of power coupled with occasional reliability issues have forced some of the large industrial consumers, who account for approximately 54.8 percent of Kenya Power’s sales revenues, back to the drawing board.
Another perhaps less talked about reason for grid defection in the country, is climate change and other environmental concerns.
As these take centre stage, responsible companies are taking steps to reduce their carbon footprint through incorporating green initiatives in their production, servicing and manufacturing methods.
In November 2020, the Energy and Petroleum Regulatory Authority (“EPRA”) approved an increase in electricity tariffs for consumers.
Kenya Power to Cut Electricity Cost by Switching to Solar
Kenya Power engineers carry out repairs at a power sub-station in Mombasa County in 2018
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Kenya Power plans on cutting the cost of electricity bills in the country by replacing its thermal power stations with solar and wind electricity generating machines. This will see the electricity distribution company switch from fuel-powered engines.
The company had on January 2, said that the move will reduce the effect of fuel on power consumer s bills. Electricity bills are based on foreign exchange fluctuation, hydropower levies and fuel charges.
Kenyans are expected to pay record-high electricity bills for the period between January 15 and February 15 after the Energy and Petroleum Regulatory Authority (EPRA) adjusted electricity tariffs, charges, prices and rates on Friday, January 15.