Sh6bn Malindi solar power plan at risk as companies feud

Several global companies have moved to take advantage of Kenya's favourable climate to establish solar farms. FILE PHOTO | NMG

A Danish and Kenyan firm are locked up in a dispute over a Sh6.3 billion ($63 million) Malindi Solar project, putting in jeopardy a 40 megawatts power supply deal with Kenya Power #ticker:KPLC.

The Danish firm Sun Energy ApS is accusing Malindi Solar Group Limited of breaching their contract after what it says are plans by the Kenyan firm to sell its stake in the multi-billion shilling project.

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