The African Development Bank Group has approved a US$18.17 million senior loan to the 40 MWac (50 MWp) Kopere solar power project owned by Voltalia.
The Bank is also in the process of securing a US$11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP).
The facility is located at the border of the Nandi and Kisumu counties in Kenya. The project includes the construction of a 33/132 kV substation, as well as a 1.8-km (1.1 mile) transmission line.
The scheme is expected to generate around 106 GWh per year, and effectively supply electricity to approximately 600,000 people through the grid. It will also save 1,081 kt CO2eq in GHG emissions annually throughout the project operation.
Implementation of the project will commence in 2019.
Country updates
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October 31, 2018
KenGen construction progress of Olkaria V geothermal project
Kenya Electricity Generating Company PLC, (KenGen) has made considerable progress in the construction of 165.4 MW Olkaria V Geothermal Power which project is spread across three contracts namely; Lot...
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September 25, 2018
310 MW wind farm in Kenya connects to grid
Lake Turkana Wind Power (LTWP) has announced that the 310 MW wind farm, located in Loiyangalani District, Marsabit County, north-west Kenya, has commenced been connected to the National Grid. Com...
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September 14, 2018
EIB to finance 80 MW solar PV plants in Kenya
The project involves the construction of two 40 MW net output solar photovoltaic (PV) power plants near Eldoret, Western Kenya. The projects are being developed as independent power producers (IPPs) u...
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September 03, 2018
Fuji Electric awarded construction contract for geothermal project in Kenya
Fuji Electric Co., Ltd has announced that it has been awarded a contract for a complete geothermal power facility for the Olkaria I Geothermal Power Station, located in Kenya, from Maru...
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August 31, 2018
Marubeni to construct geothermal plant in Kenya
Marubeni Corporation has announced that it has been awarded a full turn-key engineering, procurement and construction (EPC) contract from Kenya Electricity Generating Company Limited in relation...
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