Malindi Solar Power Station
The Malindi Solar Power Station is a planned 52 MW (70,000 hp) solar power plant in Kenya.[1]
Malindi Solar Power Station | |
---|---|
Country | Kenya |
Location | Malindi, Kilifi County |
Coordinates | 03°15′18″S 40°07′01″E |
Status | Under construction |
Commission date | 2020 (Expected) |
Construction cost | US$66 Million |
Owner(s) | Malindi Solar Group Limited |
Solar farm | |
Type | Flat-panel PV |
Power generation | |
Nameplate capacity | 52 MW (70,000 hp) |
Location
The power station is located in Malindi, Kilifi County, at the Indian Ocean, approximately 116 kilometres (72 mi) by road north of Mombasa, the nearest large city.[2] This is approximately 567 kilometres (352 mi), by road, south-east of Nairobi, the country's capital and largest city.[3]
Overview
The power station has a 52 megawatt capacity. Its output is planned to be sold directly to the Kenya Power and Lighting Company for integration into the national grid. It is expected most of the power generated will be consumed locally, in an area with increasing energy demand, limited energy supply and an expanding population. It is also anticipated that the power station will support the creation of jobs through direct employment and indirect job creation through more consistent supply of electricity.[4] Up to 250 direct jobs are expected to be created, in addition to a further 5,600 jobs in the wider economy.[5]
Developers
The power station was developed by a consortium of comprising the following corporations: (a) Commonwealth Development Corporation (b) Globeleq (c) Africa Energy Development Corporation (AEDC), the originator of the project and (d) IDEA Power.[4]
Ownership
When completed the power station will be owned by Malindi Solar Group Limited, a special purpose vehicle company, which will operate the solar energy project. The ownership of Malindi Solar Group Limited is as illustrated in the table below:[1]
Rank | Name of Owner | Percentage Ownership |
---|---|---|
1 | Globeleq of the United Kingdom | 90.0 |
2 | Africa Energy Development Corporation (AEDC) | 10.0 |
Total | 100.00 | |
Construction costs, funding, and commissioning
The construction of the solar power plant is budgeted at US$66 million, with US$50 million sourced from the CDC Group and US$16 million sourced from Globeleq.[4] It is expected that the power station will come online in 2020.[6]
References
- Business Today Correspondent (12 July 2018). "UK Firms To Develop Sh6.7 Billion Solar Power Plant In Malindi". Nairobi: Business Today Kenya. Retrieved 1 June 2019.
- Globefeed.com (1 June 2019). "Distance between Mombasa, Kenya and Malindi, Kenya". Globefeed.com. Retrieved 1 June 2019.
- Globefeed.com (1 June 2019). "Distance between Nairobi, Kenya and Malindi, Kenya". Globefeed.com. Retrieved 1 June 2019.
- AVCA (12 July 2018). "CDC Group Invested US$50 Million In Malindi Solar Group, To Build A 52 Megawatts Solar Photovoltaic Power Plant In South-East Kenya". London: Africa Private Equity and Venture Capital Association (AVCA). Retrieved 1 June 2019.
- Priyanka Shrestha (7 May 2019). "UK Injects £52 Million Into Solar Power Plant In Kenya". London: Energy Live News Limited. Retrieved 1 June 2019.
- AfricaNews (3 May 2019). "Foreign Secretary Welcomes More Than £64 Million of British funding for Kenyan Industry". Congo Brazzaville: Africanews.com. Retrieved 1 June 019.
External links
- Sh6 Billion Malindi Solar Power Plan At Risk As Companies Feud As of 8 February 2018.