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A 330kw hydro minigrid project in Kisii, Kenya
Country | Kenya |
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Sector | Renewable energy, Rural electrification and energy access |
Technology Area | Hydro |
Stage | Greenfield Project, Startup Enterprise |
Total fund ask (in $USD Millions) | 1M - <5M |
Security / preferred instruments | Straight equity, Senior debt, Sub-ordinated debt, Mezzanine e.g. convertibles, Grant |
The project will utilize a river passing through Nyangweta village, Kisii County, Kenya to produce an estimated 330kW of clean energy giving powering an estimated 1,500 households, and businesses around the project location. Feasibility studies have been undertaken and the project developer has submitted applications for requisite permits as well as pursuing land clearances