Infrastructure
Eldosol Solar Power Station
The plant will have a 40MW installed capacity.
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
| Rank | Name of Owner | % Ownership |
| 1 | Frontier Investment Management | – |
| 2 | Selenkei Investment Limited | – |
| 3 | Cedate Limited | – |
| 4 | Interpro International LLC | – |
| 5 | Paramount Universal Bank | – |
| Total shareholding | 100% |
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.
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