An Israel firm is looking to tap into the rising cost of LPG in the local market to expand its biogas offering for the local market.
HomeBiogas says it is targeting to reach one million Kenyans in the next five years with its monthly payment biogas energy installations.
Kenya had last year developed guidelines that paved the way for the commercialisation of biogas in the country.
The move provided customers with affordable energy in the wake of the high cost of LPG while also generating cash for producers.
HomeBiogas co-founder Yair Teller, says that the country needs more technologies that can cut the cost of living and at the sametime make life easier for families.
“In Kenya we see a big opportunity, because there is a very good market fit for our product, and the potential is big. More than a one million small scale farmers that produce 70 percent of the milk industry in Kenya,” said Teller.
Poor Kenyans are increasingly switching to biogas for cooking, as traditional fuels like kerosene and gas cylinders remain expensive despite lower world oil prices.
Expansion of the firms’ operation in Kenya is partnership between the Israel and Kenyan government aimed at providing green energy solutions that will help reduce carbon emissions and help protect natural resources.
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The initiative targets farmers owning between 2 and 8 cows and will see Kenyan farmers and decision makers visit Israel to explore technologies in water resilience, agricultural expo and food security.
He said that the HomeBiogas costs Sh3,300 a month.
The head of Israel economic mission in Kenya Barak Granot assured that there is great collaboration with the Keninvest team, Kentrade and the Kenyan government that they are doing their utmost to take down barriers that will help Israeli business men and women to do business in Kenya.