Eldosol Solar Power Station

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Eldosol Solar Power Station
Location of Eldosol Solar Power Station
Placement on map is approximate
Country
Coordinates00°25′32″N 35°21′37″E / 0.42556°N 35.36028°E / 0.42556; 35.36028Coordinates: 00°25′32″N 35°21′37″E / 0.42556°N 35.36028°E / 0.42556; 35.36028
StatusUnder construction
Construction began2018
Commission date2020 (Expected)
Solar farm
TypeFlat-panel PV
Power generation
Nameplate capacity40 megawatts (54,000 hp)

Eldosol Solar Power Station, is a 40 megawatts (54,000 hp) solar power plant, under construction in Kenya, the largest economy in the East African Community.[1]

Location[]

The power station is located in Uasin Gishu County, in the Western part of Kenya, approximately 13 kilometres (8 mi) by road, south east of the city of Eldoret. This site lies adjacent to Radiant Solar Power Station.[2]

Overview[]

The power station has a capacity of 40 megawatts, to be sold directly to the Kenya Power and Lighting Company for integration in the national electricity grid. The electricity is evacuated via a substation near the power station, connected to a high voltage transmission line that passes near the power station.[1] The power station comprises 140,800 photovoltaic modules and a medium voltage step-up transformer (400 V – 22 kV). The anticipated annual electricity generation is 74,968,000 MWh.[2]

Developers[]

The power station is under devewas developed by a consortium comprising the entities listed in the table below. The developers also own the power station, as well as the adjacent 40 megawatt Radiant Solar Power Plant.[2]

Eldosol Solar Power Station Ownership
Rank Name of Owner Percentage Ownership
1 Frontier Investment Management
2 Selenkei Investment Limited
3 Cedate Limited
4 Interpro International LLC
5 Paramount Universal Bank
Total 100.00

Construction timeline, costs and funding[]

The cost of construction was budgeted at US$78 million (approx.€70 million).[3] In 2018, the European Investment Bank approved a loan of €30 million (US$37.5 million) towards the construction of this power station. The developer/owners will raise the difference of €40 million (approximately US$45 million). An equal loan amount was also approved for Radiant Solar Power Station, by the same lender, on similar terms.[4] The power station is expected to be commissioned before the end of 2019.

See also[]

References[]

  1. ^ a b Frontier Denmark (2018). "Eldosol Solar PV Project – Kenya". Copenhagen: Frontier Investment Management ApS. Retrieved 2 May 2019.
  2. ^ a b c Renewables Now (27 October 2018). "Three investors advance 120 MW solar power projects in Kenya". Renewablesnow.com. Retrieved 2 May 2019.
  3. ^ Otuki, Neville (4 February 2018). "Kenya solar power firms to get Sh7.5bn funding for plants". Business Daily Africa. Nairobi. Retrieved 2 May 2019.
  4. ^ Mbogo, Moreen (6 February 2018). "Kenyan firms to get US $75m funding for solar power plants projects". Nairobi: Construction Review Online. Retrieved 2 May 2019.

External links[]

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