Ignite Power Acquires Mwezi Solar Solutions Portfolio

The acquisition of Mwezi’s portfolio will enable Ignite Power to further enhance its position in Kenya’s solar energy market, expanding its customer base across the country.

April 29, 2023. By Anurima Mondal

UAE-based solar solution provider Ignite Power has announced the acquisition of Mwezi’s solar solutions portfolio in Kenya. The acquisition will allow Ignite Power to expand its presence in the country, utilising its proven suite of technologies and standard operating procedures to service Mwezi’s existing portfolio and increase its impact in the region.

Mwezi has been a key player in Kenya’s solar energy sector for several years. It has deployed over 50,000 solar home systems across Kenya. The acquisition of Mwezi’s portfolio will enable Ignite Power to further enhance its position in Kenya’s solar energy market, expanding its customer base across the country.

“We are thrilled to welcome Mwezi, a truly values-driven company, to the Ignite Power family through the acquisition. This strategic move will enable us to leverage our expertise and experience to further expand our impact in the region, while servicing Mwezi’s existing customers and providing them with access to reliable, sustainable, and affordable home electricity,” said Yariv Cohen, CEO, Ignite Power.

This acquisition follows Ignite Power’s recent acquisition of Pawame Kenya, which has been a major player in Kenya’s solar energy sector for several years. Ignite Power has been expanding its reach across Africa through both organic growth and strategic acquisitions, replicating its proven models of operation and in-house technologies to reach extreme cost-efficiency, customer affordability, and impact at scale.

“We are thrilled to see the Mwezi solar solutions portfolio in Kenya now a part of the Ignite Power family. I am confident that Ignite’s expertise and experience in the solar energy sector will enable them to expand on the work that we have accomplished and continue to provide high-quality services to our customers. We look forward to seeing the positive impact it will have on communities across Kenya,” said Mwezi’s founder and CEO, Mike Sherry.

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