Paul Arithi 
Centum Real Estate and Two Rivers International Finance and Innovation Centre(TRIFIC) Special Economic Zone has signed a partnership agreement with the Distributed Power Africa-Kenya(DPA-K) to more than double its two Rivers complex from 1.2 megawatts to 3.2 MW.
The deal, announced on Wednesday, will make Two Rivers Power Company the largest rooftop solar power plant for domestic and commercial use in East Africa.
The project confirms Centum Re’s commitment to sustainable development and clean energy initiatives, said the companies.
Two Rivers Power Company, a subsidiary of TRIFIC SEZ and Centum Re, was set up to provide power to business, shopping, and residential complex of Two Rivers.
The company is endorsed to produce power and distribute it, and it is linked to its substation in the Two Rivers Mall via a high voltage line.
The current 1.2 MW solar farm in the car park of the mall is to be scaled up to 3.2 Mega Watts.
“This development cements Centum Re’s green credentials as a leading real estate developer and brings clean, sustainable power to the occupants of Two Rivers,” Kenneth Mbae, Centum Re Managing Director said.
The deal aligns with TRIFIC’s commitment to providing clean, affordable, and reliable energy within its Special Economic Zone.
“This is an important value addition for businesses setting up within the TRIFIC special economic zone as it lowers the cost of power and reduces the carbon footprint, which is becoming an imperative for businesses as the world looks to operate more sustainably,” said Brenda Mbathi, TRIFIC CEO.
Distributed Power Africa-Kenya (DPA-K) is a subsidiary of Electricity de France (EDF), a leading Global Energy Company.
DPA-K is a renewable energy solutions company dedicated to accelerating the transition of businesses and industries to affordable and efficient clean energy without incurring upfront costs and removing technical and operation risks.
“Harnessing the African sun and space creates the greatest opportunities for the continent’s energy transition.
Rooftops and empty grounds now become a power house,enabling you to begin saving ,securing your energy supply at a predictable price,and focusing on your core business,” said Antony Mburu, CEO Distributed Power Africa-Kenya.
Kenya benefits from a continuous supply of abundant sunshine throughout the year, facilitating the operation of both small-scale and large-scale solar power systems in the Country.
The existing installed solar energy capacity of 1.2MW reduces the amount of carbon dioxide emissions by 535 tonnes per annum.
Additionally, the net saving on the cost of energy will depend on individual business energy use but could be a sizeable cost reduction compared to average Kenyan electricity tariffs.
Views: 456
1 thought on “Centum Re Signs Solar Power Deal with DPA-K”