Kenya’s Renewable Energy Mini-Grids Attract $100 Million in Private Investment

Kenya’s renewable mini-grids have attracted $100 million in private investment from firms like Husk Power, PowerGen, and M-Kopa Solar, scaling access to 600,000 rural households. The Rural Electrification and Renewable Energy Corporation (REREC) reports that 150 mini-grids are now operational, with 100 more under construction. The Ksh20 billion program uses pay-as-you-go solar and hydro systems, reducing kerosene use by 75%. Investors are drawn by Kenya’s supportive regulatory framework, 92% renewable grid, and high mobile money penetration. The sector is projected to power 2 million households by 2030, supporting climate resilience and rural enterprise growth.