Ahead of Barack Obama’s visit to Kenya this weekend, Toronto-headquartered SkyPower Global has said that it is set to sign an “historic” agreement with the Kenyan government to develop 1GW of PV.
The company, which develops and owns solar energy projects, advised media this morning that it will sign the deal with Kenya’s ministry for energy and petroleum. The US$2.2 billion deal will see the 1,000MW of projects built over the next five years, SkyPower said.
According to SkyPower’s release, the signing will take place this Sunday morning in the United Nations office, Nairobi, during the Global Entrepreneurship Summit (GES). Incidentally, one of the speakers this morning at GES on its opening day is pop singer Akon, who made headlines recently with his plans to establish a solar energy initiative, Akon Lighting Africa.
SkyPower also signed an agreement in Egypt in March for 3GW of projects which the company likewise described as a “historic agreement”, through a JV with a Saudi Arabian company, FAS Energy, it has also signed a 3GW Nigeria deal.
Kenya has seen the potential of its promising solar resources so far go untapped in the large-scale sector. In April, PV Tech's Ben Willis blogged on the challenges facing the growing solar industry in West Africa. In reference to the wider Sub-Saharan region, he wrote about the relative lack of progress made, in what Willis called “a part of the world that arguably has both the most potential for it and the most to gain” from widespread PV deployment.
This article has been amended from its original form for geographical accuracy.