Neosun Energy has announced its expansion into the Kenyan market, offering solar energy solutions tailored for commercial and industrial (C&I) projects. The move aims to provide cost-effective and sustainable energy options, with system capacities ranging from 200kW to 10MW.
The company views its entry into Kenya as timely, as the country's energy landscape presents both significant challenges and opportunities. Despite over 80% of Kenya's power demand being met through green energy, many regions still face critical energy shortages, particularly in remote areas that remain disconnected from the national grid.
Neosun highlighted the ongoing energy gap, noting that over half a billion people in sub-Saharan Africa lack reliable access to electricity. Frequent power outages have led to higher energy costs and disrupted business operations, leaving many businesses reliant on expensive diesel generators.
Ilya Likhov, CEO of Neosun Energy, emphasized the potential for solar to address these challenges: “Kenya is among the top five fastest-growing economies in Africa. However, businesses in Kenya still face energy supply shortages, especially in remote areas. The mission of Neosun Energy is committed to providing these companies with affordable and accessible solar energy,” he said.
Likhov also noted that the Kenyan government's shift away from fossil fuels presents an opportunity for solar energy, especially when paired with energy storage systems. “We believe that solar energy, along with energy storage systems, will enable local businesses to accelerate this transition while also increasing their profitability,” he added. “In addition, solar solutions will be transformative in off-grid communities, where solar can serve as a unique opportunity for building businesses in such remote areas.
Neosun's expansion into Kenya is seen as part of its broader strategy to provide renewable energy solutions across the African continent, addressing both energy access issues and the need for sustainable business practices.
