SkyPower signs US $2.2 billion PV-agreement in Kenya

Nairobi, Kenya - SkyPower, the world's largest developer and owner of utility-scale solar photovoltaic energy projects, signed a landmark agreement with the Kenyan Ministry of Energy and Petroleum for the development of 1 GW of solar projects to be built in four phases in Kenya over the next five years.

The monumental US $2.2 billion agreement was signed in Nairobi, Kenya at the sixth annual Global Entrepreneurship Summit (GES). Initiated by the U.S. government in 2010, the conference gathers entrepreneurs at all stages of business to help increase support for innovators and job creators around the world.

GES 2015 hosted an unprecedented convention of high-level leaders from around the globe, including U.S. President Barack Obama and H.E. Uhuru Kenyatta, President of the Republic of Kenya.

Source: IWR Online, 28 Jul 2015