Starsight Energy is expanding into East Africa by acquiring a 50% stake for an undisclosed amount in Premier Solar Group - a market-leading Commercial & Industrial solar company with a focus on Sub-Saharan Africa and South Asia.
The outcome of the acquisition will see the creation of a new unit named Starsight Premier Energy Group which will focus on providing sustainable power, cooling, and battery storage to commercial and industrial customers in Rwanda, Kenya, Tanzania and Uganda
“We are excited to be partnering with Premier Solar Group in East Africa. The newly formed company will deliver significant financial capacity to the region’s energy efficiency market and offer new and existing clients an unprecedented opportunity to scale their sustainable power, cooling, and storage systems. Starsight Premier Energy Group will combine Starsight’s industry-leading service and technology with Premier Solar Group’s established footprint in Kenya. We look forward to bringing our unparalleled service and 99.9% uptime guarantee to the new C&I [commercial and industrial] clients in the region,” commented Tony Carr, Starsight Energy’s CEO.
The reliability and affordability of grid is an important issue in many African countries. According to the CEO, where reliable grid conditions exist, the costs for electricity could even be rather high in some countries. In turn, most parts of the continent have no grid at all. The rate of electrification and renewable energies installations still remain low, despite being the priority of most African countries' agenda.
According to the International Renewable Energy Agency, Africa has experienced growth at an average of 3.7% throughout the continent. Solar-based electrons and the absence of CO2 emissions can improve this expansion even better. That being said, the move will be a gateway to promising solar markets to Starsight Energy.
Solange Che
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...
With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...
IMF staff concluded a review under the ECF and RST programs. The country will access $13.98 million following satisfactory performance. Growth...
The AU and Global Fund signed an MoU to fight AIDS, tuberculosis, and malaria. The deal aims to strengthen health systems and boost local resource...
The draft “Digital X.0” law sets a legal framework for AI integration in Morocco. It focuses on data governance, digital identity, and...
Aya Gold & Silver plans to invest $446 million in its Boumadine gold-silver project. The mine could yield 2.3 million ounces of gold and 69.8...
The Namib Erg, also known as the Namib Sand Sea, is one of the most ancient and spectacular desert landscapes on Earth. Stretching along Namibia’s...
CIGAF 2025 hosted 26+ countries to celebrate culinary diversity in Ouagadougou Event featured competitions, demos, and talks on food, culture, and...