With one billion Africans still dependent on wood-fuel, carbon credit financing is emerging as continent’s best bet for clean energy
An efficient biomass stove that would normally retail for about $40 can cost customers as little as $5 after carbon subsidies. More expensive induction cookers are financed through carbon credits and short-term pay-as-you-go plans that spread payments over several months.
Chinese state-owned company and Cooperative University enter deal to add 40MW solar power to Kenya’s national grid
Prime Cabinet Secretary Musalia Mudavadi said the move was in line with the country’s proposed infrastructure development plan that align seamlessly with its national priorities on affordable renewable energy, climate action, industrial skills development and the bottom-up economic transformation agenda whose implementation is planned to start this year.
