Categories: NewsSolar Power

Chinese PV Manufacturers Moving Up and Out to Kenya

Facing punitive tariffs in the EU, Chinese solar panel makers are eagerly looking to African markets and the state-owned Jiangxi Corporation is helping to coordinate a $140 million solar power station in Garissa, Kenya, as a base of operation. Chinese solar panel makers will supply most of the $140 million needed to build a solar power station in Garissa, Kenya, according to Xinhuanet, the information service of the Chinese government of China.

The deal, Xinhuanet says, was coordinated by China’s state-owned Jiangxi Corporation for International Economic and Technical Cooperation. The Kenyan solar park will generate up to 76 million kWh of electricity annually and provide power for about 350,000 people, half of Garissa’s population.

Jiangxi said that the project will serve as the base for China’s biggest solar panel makers to expand their presence in Africa. The deal was sealed as the European Commission imposed anti-dumping tariffs on solar panels made in China.

Chinese solar companies “mired in debt and overcapacity are in great need to find alternative markets, as their biggest importer will probably buy less due to the duties,” Xinhuanet said. After China finishes building the Kenyan plant, Xinhuanet added, “Chinese solar panel makers may bulk up in Africa.”

Pimagazine Asia Admin

Recent Posts

Insuring Wind Turbines, What is the Risk?

Gallagher Re has shed light on the significant challenges insurers face when providing coverage for…

2 months ago

ARENA Start Feasibility Study in Western Australia

The Australian government will disburse AUD 1.7 million (USD 1.1m/EUR 1m) in grant funding to…

2 months ago

Asia moving away from Solar?

GlobalData’s latest report, ‘Asia Pacific Renewable Energy Policy Handbook 2024’ is among the latest region-specific…

2 months ago

Asia’s Energy Challenge 2024

The electrical generation market is facing a number of challenges, including the need to increase…

2 months ago

Powering Progress: Nuclear Energy’s Role in Asia’s Energy Landscape

Nuclear energy has emerged as a prominent player in Asia's energy landscape, offering a reliable…

7 months ago

Charting a Cleaner Path: Carbon Capture and Storage in Asia

The pursuit of a low-carbon future has gained significant momentum globally, and Asia stands tall…

7 months ago