Globeleq’s Malindi solar plant exports 40MW to Kenya’s national grid

Globeleq - a power company in Africa which we are a majority shareholder of - and its project partner, Africa Energy Development Corporation (AEDC), has indicated that its 52MWp Malindi Solar photovoltaic (PV) plant has been exporting 40 megawatts-AC (MWac) of power into the national grid since 14 December 2021.

The power plant is delivering enough clean and renewable power to supply approximately 250,000 residential customers and will avoid 44,500 tons of CO2-equivalent emissions annually. Made up of 157,000 photovoltaic panels, it is one of the first independent-owned utility scale solar plants in Kenya and the only renewable power plant located in the Coastal area.

The $69 million solar plant is located in Langobaya, Malindi District, Kilifi County, about 120 kilometres north-east of Mombasa. Electricity is being sold through a 20-year agreement with the national distribution company, Kenya Power.

Mike Scholey, Globeleq's CEO, commented: "It is exciting to see this plant operating. Malindi is our tenth operational solar PV plant in Africa and cements our unique position as a leader in large scale solar generation. Thank you to all involved for making this project a success and supporting plans to achieve net-zero by 2050."