The power plant provides enough clean, renewable energy to power approximately 250,000 residential customers and will avoid 44,500 tonnes of CO2 equivalent emissions per year. Comprised of 157,000 photovoltaic panels, it is one of the first utility-scale solar power stations owned by IPPs in Kenya and the only renewable power station located in the coastal zone.

The $69 million solar power plant is located in Langobaya, Malindi District, Kilifi County, about 120 km northeast of Mombasa and began construction in 2019. Power is sold in the under a 20-year agreement with the national distribution company, Kenya Power. The project also included the construction of a new 220 kV Weru substation which has already been handed over to Kenya Power and is now part of the national grid infrastructure.

Mike Scholey, CEO of Globeleq commented, “It’s exciting to see this plant running. Malindi is our tenth operational solar PV plant in Africa and reinforces our unique position as a leader in utility-scale solar generation. Thank you to everyone involved for making this project a success and for supporting plans to reach net zero by 2050.

Zohrab Mawani, Director of AEDC added: “AEDC is delighted that the Malindi project has reached this crucial milestone and is contributing to Kenya’s supply of renewable and affordable electricity.

Malindi Solar’s financing was arranged by CDC, the UK’s development finance institution, as lead arranger and secured $52 million in debt financing, including $20 million from DEG, German Development Finance Institution.