Nigeria’s Starsight Energy Expands into East Africa
Starsight Energy – an African provider of Commercial & Industrial (C&I) solar power – is expanding into East Africa via the acquisition of a 50% stake in the East African operations of Premier Solar Group, a market-leading C&I solar company with a focus on sub-Saharan Africa and South Asia. The transaction will see the creation of Starsight Premier Energy Group, which will offer sustainable power and cooling-as-a-service and battery storage solutions to C&I clients in Kenya, Uganda, Tanzania and Rwanda.
Premier Solar Solutions, the Kenyan subsidiary of Premier Solar Group, is already a leading player in the Kenyan C&I solar sector with five delivered projects totaling 2.7 MW, eight projects totaling 8.8 MW currently in execution, and a pipeline of an additional 20 MW in Kenya. Furthermore, expansion into Uganda, Tanzania and Rwanda is planned for 2021 and 2022.
Starsight Energy provides West Africa with 41 MW of installed generating capacity, 33 MWh of battery storage and 16,320 HP in cooling capacity across 547 sites in Nigeria and Ghana. Premier Solar Group brings international experience delivering end-to-end distributed solar PV solutions to C&I clients in East Africa, India, Sri Lanka and the UAE. The new entity, Starsight Premier Energy Group, will offer clients technology-enabled power and cooling-as-a-service and battery storage solutions that significantly reduce energy costs and CO2 emissions while boosting customer profitability.
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