M-Kopa to buy 500,000 solar panels locally in the next two years

January 16, 2018
Shares

,

NAIROBI, Kenya, Jan 16 – M-Kopa is planning to generate at least 6.6 megawatts of solar power in the next two years, through the additional half a million photovoltaic panels it plans to locally source.

The Company’s Chairman Mugo Kibati says the half a million panels are up from the 100,000 panels it has distributed in the last two years.

Kibati added that the company will be creating more job opportunities for the youth through this new push to source for solar panels locally, subject to market and regulatory conditions.

“The panels are used in M-Kopa’s larger home systems, which include TV, lights, radio and phone charging. We have also managed to bring 500,000 new TV viewers into the information economy,” Kibati said.

The already installed solar panels are generating a total of 1.85 megawatts of off-grid power in homes across East Africa.

Previously, M-Kopa imported its smaller 8 watts panels from overseas, but Kibati says the government has created an enabling environment for the solar sector to thrive.

Shares

Latest Articles

Stock Market

Most Viewed