Shika Paka Pawa brand owner Eveready East Africa PLC has launched an Integrated Clean Energy Platform (ICEP) delivering solar power, energy storage, clean cooking solutions, carbon market initiatives, and electric vehicles (EV) financing, marking a strategic shift from a traditional battery manufacturer to a green energy player.
The Nairobi Securities Exchange (NSE)–listed firm has partnered with Huawei Technologies, Jinko Solar, and EV Jumia, leveraging its ICEP which aggregates technology, financing, installation and after-sales support to deliver end-to-end energy solutions for institutions, corporates, schools, healthcare facilities, households, and Small and Medium-Sized Enterprises (SMEs).
In collaboration with Huawei Technologies and Jinko Solar, Eveready PLC offers powerful solar and digital power solutions including commercial and industrial solar inverters and grid-connected systems, residential solar and battery backup solutions, high-efficiency solar panels, and smart energy management and monitoring systems.
Eveready also offers asset backed financing solutions for electric vehicles through its partnership with EV Jumia. The initiative addresses the high upfront costs associated with EV adoption. Under the program, Eveready offers loans for electric bikes and cars to individuals and fleet operators, flexible repayment plans for taxi drivers, delivery services, and commercial users, as well as integrated charging solutions linked to renewable energy.
The firm’s transition to the ICEP model is expected to boost its revenue and earnings as demand for clean transport strengthens and the government advances its clean energy mix targets.
Eveready PLC Stakeholder’s remarks
“This transformation reflects our commitment to making clean, affordable, and reliable energy accessible, while building a resilient business positioned for long-term growth.” – Sonia Karuma, Eveready PLC Chief Operating Officer.
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