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BloomberNEF

Kenya’s 2022 universal electrification goal bets on off-grid solar

The World Bank and the Kenyan Government have announced a new strategy for attaining universal energy access for Kenyans by 2022. The plan underlines the importance of off-grid solar installations in reaching that goal. The investment opportunities for the coming five years are around US$14 billion.

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EV charging companies to ramp up installations

The market for EVs is experiencing robust uptake worldwide with companies, governments and municipalities implementing policies to drive development. EVN and EVBox announced plans for expansion this week, and the UK government is also pouring investment subsidies into the electric vehicle market.

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