Infrastructure
Radiant Solar Power Station
The plant will have a 40MW installed capacity.
Radiant Solar Power Station is a 40 MW plant located 13 km southeast of Eldoret town, Uasin Gishu County, adjacent to Eldosol Solar Power Station.Â
Project details
Radiant Solar Power Station 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.
Project owners
Radiant 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 Eldosol Solar Power Station.
Radiant 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 Radiant 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 €70 million.
In 2018, the European Investment Bank (EIB) approved a €30 million loan to finance the construction of the solar plant.
The proprietors were expected to raise €40 million.
A second loan amount was approved for Eldosol Solar Power Station, by the EIB, on similar terms. The project was scheduled for commissioning by the end of 2019.