Malindi Solar Photovoltaic Plant
Sector: Solar • Location: Kenya
Source: World Bank Group
The project involves the construction of a 52MW solar photovoltaic plant in Langobaya, Malindi District, Kilifi County in Kenya. Electricity will be sold through a 20-year agreement with the national distribution company Kenya Power and Lighting Company. Sponsors are Globeleq, Africa Energy Development Corporation (AEDC), with a 10% ownership of the project, and IDEA Power. The cost of the cost o
- Status
- Prospective
- Sector
- Solar, Power Generation (CCGT), Power Transmission, Government, Commercial
- Location
- Kenya
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project involves the construction of a 52MW solar photovoltaic plant in Langobaya, Malindi District, Kilifi County in Kenya. Electricity will be sold through a 20-year agreement with the national distribution company Kenya Power and Lighting Company. Sponsors are Globeleq, Africa Energy Development Corporation (AEDC), with a 10% ownership of the project, and IDEA Power. The cost of the cost of the project is $ 69 million. CDC, the UK’s development finance institution, is the mandated lead arranger and has sourced $52 million in debt financing including $20 million from Deutsche Investitions- und Entwicklungsgesellschaft (DEG), the German development finance institution. Construction is expected to take around 12 months with the plant reaching commercial operations in mid-2020. Financial close has been reached on 3 June 2019. https://www.globeleq.com/globeleq-reaches-financial-close-on-kenyas-first-utility-scale-ipp-solar-project/ https://www.globeleq.com/projects/malindi-solar/ |
Original sector | Energy |
Budget |
Location
Country | Kenya |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Power Generation (CCGT), Power Transmission, Government, Commercial |
Article published date | 2024-09-20 |
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