African Design Magazine ADM #37 February 2018 | Page 33
Investors are
advancing
projects for solar
power to join the
grid in the Uasin
Gishu County,
Kenya
Solar to
LIGHT UP KENYA
wo of the solar projects developed by Radiant Energy and Eldosol Energy Limited are sited
next to each other some 13km to the east of Eldoret in the Uasin Gishu County. The European
Investment Bank (EID) is finalising a €60 million (Sh7.5 billion) loan for these projects.
In January, the World Bank also approved €30 million (Sh15 billion) financing for the Kenya Off-grid
Solar Access Project. The funds will enable the Rural Electrification Authority (REA) to establish
solar mini grids and boost transformer networks across Kenya.
According to REA Chairman, Simon Gicharu, the mini grids will lead to
an increase in solar pumping systems to provide water for drinking and
irrigation in 14 underserved counties in Northern and North Eastern
Kenya.
Read more on investment
projects in Kenya’s solar
power energy by clicking
here
The Third solar power plant , located 1km east of the Radiant/Eldosol sites, is being developed by
Alten Energy Solarfarms . Alten Africa partnered with Inspired Evolution based in Cape Town .
Inspired Evolution has signed a deal to invest up to USD36 million in
Read more on
Alten RE Developments Africa B.V.,the sub-Saharan Africa-focused
nancial benets
subsidiary of Alten Energias Renovables.
to Kenyan solar projects
by clicking here
The investment by Inspired Evolution's Evolution II Fund will scale
Alten Africa's existing solar PV development platform across sub-
Saharan Africa.
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