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Green energy firms face tough times on production freeze

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Business Daily | by Edwin Okoth

Wind and solar power producers face tough times following a plan to review energy supply versus demand with a view to freezing them.

According to sector regulator, due to poor uptake, producers are now having to wait as the government comes up with an energy auction plan before cashing in their multibillion- shilling investments

The Energy and Petroleum Regulatory Authority (Epra) said the review on proposed projects in line with the revised demand-supply balance, will cause some to be delayed to minimise increase in energy and imminent rise in generation tariffs…

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