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Eldosol Solar Power Station

The plant will have a 40MW installed capacity.

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A solar park
A solar park. PHOTO | FILE

Eldosol Solar Power Station is a 40 MW plant located 13 km southeast of Eldoret town, Uasin Gishu County, adjacent to Radiant Solar Power Station.

Project details

Eldosol Solar PV Project includes 140,800 photovoltaic units and a medium voltage step-up transformer (400 V-22 kV) – generating 74,968,000 MWh/year.

The electricity will be evacuated through a substation near the plant, which is connected to a high-voltage transmission line that passes near the station.

RELATED: Kopere Solar Power Project

Project owners

Eldosol Solar Power Station is owned by a consortium of companies led by Danish firm DI Frontier Markets, as shown in the table below.

The proprietors also own Radiant Solar Power Station.

Eldosol Solar Power Station Owners

RankName of Owner% Ownership
1Frontier Investment Management
2Selenkei Investment Limited
3Cedate Limited
4Interpro International LLC
5Paramount Universal Bank
Total shareholding100%

Development status

Under construction.  

Power purchase agreement

The power generated from the Eldosol Solar Power Station will be sold to Kenya Power under a power purchase agreement at the rate of $0.12 per unit.

Funding details

The total cost of the project is estimated at $78 million.

In 2018, the European Investment Bank (EIB) approved a $37.5 million loan to finance the construction of the solar plant.

The proprietors were expected to raise $45 million.

A second loan amount was approved for Radiant Solar Power Station, by the EIB, on similar terms. The project was scheduled for commissioning by the end of 2019.

Albert Andeso holds a degree in Civil Engineering from the University of Nairobi. He has extensive experience in construction and has been involved in many roads, bridges, and buildings projects.