| Radiant Solar Power Station | |
|---|---|
Approximate location of Radiant Solar Power Station | |
| Country | |
| Coordinates | 00°25′32″N 35°21′40″E / 0.42556°N 35.36111°E |
| Status | Under construction |
| Construction began | 2018 |
| Commission date | 2020 (Expected) |
| Owner(s) | Radiant Energy |
| Solar farm | |
| Type | Flat-panel PV |
| Power generation | |
| Nameplate capacity | 40 megawatts (54,000 hp) |
Radiant Solar Power Station is a 40 megawatts (54,000 hp) solar power plant, under construction in Kenya.[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 Eldosol 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 shares a common substation with the neighboring Eldosol Solar Power Station.[2] The power will be sold at KSh12.36 (US$0.1236) per kilowatthour (kWh) under Kenya’s feed-in-tariff for solar power.[3]
Developers
The power station is under development 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 Eldosol Solar Power Plant.[2]
| 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€70 million (approx. KSh7.84 billion). In 2018, the European Investment Bank approved a loan of €30 million (KSh3.36 billion) towards the construction of this power station. The developer/owners will raise the difference of €40 million (approx. KSh4.48 billion). An equal loan amount was also approved for Eldosol Solar Power Station, by the same lender, on similar terms.[4]
See also
References
- 1 2 Frontier Denmark (2018). "Radiant Solar PV Project – Kenya". Copenhagen: Frontier Investment Management ApS. Retrieved 2 May 2019.
- 1 2 3 Renewables Now (27 October 2018). "Three investors advance 120 MW solar power projects in Kenya". Renewablesnow.com. Retrieved 2 May 2019.
- ↑ Kairu, Pauline (15 February 2018). "Funds flowing in for solar projects". Daily Nation Mobile. Nairobi. Retrieved 2 May 2019.
- ↑ Otuki, Neville (4 February 2018). "Kenya solar power firms to get Sh7.5bn funding for plants". Business Daily Africa. Nairobi. Retrieved 2 May 2019.
External links
- Spinning reserve power plants to be built in Eldoret and Suswa As of 15 January 2019.