Ignite Power Expands Presence in Kenya through Acquisition of Mwezi’s Solar Solutions Portfolio
Ignite Power, a solar solution provider based in the UAE, has announced the acquisition of Mwezi’s solar solutions portfolio in Kenya. The acquisition would allow Ignite Power to expand its presence in the country by utilizing its proven suite of technologies and standard operating procedures to serve Mwezi’s current portfolio and increase its influence in the area. Mwezi has been a key player in Kenya’s solar energy industry for many years. In Kenya, it has installed over 50,000 solar household systems. Ignite Power’s acquisition of Mwezi’s portfolio would allow it to strengthen its position in Kenya’s solar energy industry by expanding its customer base across the country.
“We are thrilled to welcome Mwezi, a truly values-driven company, to the 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 the recent acquisition of Pawame Kenya, a long-standing leader in Kenya’s solar energy market, by Ignite Power. Ignite Power has grown its presence across Africa through organic growth as well as strategic acquisitions, replicating its proven operational processes and in-house technology to achieve exceptional cost-efficiency, consumer affordability, and scaled impact.
“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.