The 40MW Kesses solar power plant in Kenya has begun operating. This was recently announced by the Emerging Africa Infrastructure Fund (EAIF). EAIF worked on the project alongside the Private Infrastructure Development Group, the Standard Bank Group, Stanbic Bank Kenya as well as Alten Kenya Solarfarms.
The facility is located near Eldoret. The latter has the largest population concentration in Kenya’s Rift Valley province. In addition, it is home to local government, higher education, business and financial services institutions. Moreover, the town hosts textile manufacturing, agribusiness and sports tourism.
By supplying clean, renewable power to Eldoret and the surrounding communities, Kesses solar power plant is thus driving a significant boost in productivity for the local economy. The electricity will be supplied under a 20-year take-or-pay power purchase agreement.
Also read: Kesses Solar Power Plant in Eldoret, Kenya
The agreement was signed between Alten and Kenya Power and Lighting Company, the national energy utility.
Remarks on the Kesses solar power plant project milestone
Speaking on this milestone, Sine Zulu said, “We are thrilled to see Kesses in action. Its entry into operation further cementing Kenya’s status as a global renewable energy leader.
Africa leads the world in solar energy potential. More projects of this type are needed to ensure that we meet the continent’s growing demand for energy without compromising GHG emissions.
Zulu is a Ninety-One Investment Specialist.
Noteworthy, Kesses is a significant milestone for EAIF. It is the ninth green energy facility that EAIF has supported in Africa. This underlines the Fund’s status as a lender of choice for renewable energy companies investing in the continent.”
Expanding investment in clean, affordable power solutions on the other hand is an integral part of PIDG’s strategy. The Group aims to increase supply in Africa’s most underserved regions with an increasing focus on renewables and off-grid technologies.
