Strathmore eyes Kenya Power earnings

Solar panels at Strathmore University. FILE PHOTO | NMG

Strathmore University is in talks with Kenya Power #ticker:KPLC expected to unlock earnings from its grid-connected solar system, which has been injecting 0.25 megawatts to the national circuit since June 2014, but has not earned a cent due to regulatory hitches.

The university in October 2015 signed a power purchase agreement with Kenya Power to begin injecting power into the national grid at a tariff of ¢12 (Sh12) per kilowatt hour, but payments could not be processed because the school did not have an electricity generating licence.

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