Eldosol Solar Power Station


Eldosol Solar Power Station, is a solar power plant, under construction in Kenya, the largest economy in the East African Community.

Location

The power station is located in Uasin Gishu County, in the Western part of Kenya, approximately approximately by road, south east of the city of Eldoret. This site lies adjacent to Radiant Solar Power Station.

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. The power station comprises 140,800 photovoltaic modules and a medium voltage step-up transformer. The anticipated annual electricity generation is 74,968,000 MWh.

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.
RankName of OwnerPercentage Ownership
1Frontier Investment Management
2Selenkei Investment Limited
3Cedate Limited
4Interpro International LLC
5Paramount Universal Bank
Total100.00

Construction timeline, costs and funding

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