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    ALTEN Africa ratifies the choice of Voltalia to execute the EPC and O&M service for its new photovoltaic plant in Kenya

ALTEN Africa ratifies the choice of Voltalia to execute the EPC and O&M service for its new photovoltaic plant in Kenya

The plant, located in the state of Uasin Gishu, in the municipality of Eldoret, will have 40MWac installed capacity, accounting for 2% of the country’s total capacity.

The new photovoltaic plant will produce an estimated total of 123.6 GWh / year

ALTEN Africa has already informed the country incumbent, Kenya Power and Lighting Co | KPLC of its choice of the French company Voltalia to carry out the construction and operation & maintenance service on the plant.

Voltalia will start construction by December 2018.

Nairobi | Kenya December 13th , 2018.-ALTEN Energías Renovables has confirmed its choice of the French company Voltalia to carry out EPC and O&M service on its new PV solar power plant in Kenya. The new plant, located in the state of Uasin Gishu, in the municipality of Eldoret, the fifth largest city by population in Kenya, will produce 40MWac of power, accounting for 2% of the installed capacity in this country of 45 million inhabitants. Kenya has become East Africa’s main economic driver in recent years.

With a presence in over 18 countries and considerable experience in development, financing, EPC and Operation & Maintenance in renewable projects, Voltalia will start construction on this plant by December. This solar project is to be built on a land area of 100 hectares and will have over 161,000 monocrystalline panels set into solar single-axis trackers.

Once it goes into commercial operation, scheduled for March 2020, approximately 123.6GWh of clean electricity will be injected every year into the electric network, enough to meet the annual energy consumption needs of over 824,000 Kenyans. Thus, the plant will avoid the emission into the atmosphere of 33.88 million tonnes of carbon dioxide equivalent every year of the [...]

Carlos Castellanos, CEO of ALTEN America: ALTEN America to triple its presence in Mexico over the next 4 years, to 1,000 MW installed capacity

ALTEN Energías Renovables positions itself strongly in Sub-Saharan Africa and Latin America, through its subsidiaries ALTEN Africa and ALTEN América

ALTEN Africa has just completed financing for its photovoltaic (PV) plant in Namibia; installed capacity will be 45.5 MWp with an output of 37 MWac, and investment forecast at US$70m. 

It will be one of the most efficient PV plants in the world because of the location’s extremely high irradiation levels and also the biggest in Sub-Saharan Africa (apart from South Africa). 

ALTEN América has begun construction in Aguascalientes (Mexico), on the Solem project, a 350 MWp PV plant that will supply the electricity needs of over 400,000 Mexicans. 

This plant, one of the biggest in Latin America, has purchasing contracts for power, energy and green energy certificates (GEC) granted by CFE in Mexico’s second long-term electricity tender, in September 2016. 

ALTEN Energías Renovables is completing financing on another 52 MWp in Kenya and has a strong pipeline of business, with over 800MW at various stages of development in these two regions, both in the so-called sun belt. 
The group has generated investment worth more than US$400m in total for its projects in Mexico (US$335m) and Namibia (US$70m). Financing for its PV plant in Kenya is complete, with a mandate to DEG, together with the Dutch company FMO and the French Proparco, subsidiary of the French development agency AFD, bringing ALTEN Energías Renovables’ investment in Sub-Saharan Africa and Latin America to over half a billion US dollars. 
The financial partners in its two subsidiaries, South Africa’s Inspired Evolution (in ALTEN Africa) and the Japanese consortium Sojitz Corporation (shareholders in ALTEN América), are involved in the company’s growth process. Cubico Sustainable Investments is the company’s financial partner in the Solem Mexican plant, with planned investment of US$ 335m.

 

Madrid, 14th March 2018.-  ALTEN [...]

ALTEN Africa completes financing in Namibia of one of the biggest solar PV plants in Sub-Saharan Africa

Located in the area around Mariental, installed capacity will be 45.5 MWp for an output of 37 MWac and the plant will be one of the most efficient in the world, due to the zone’s very high radiation levels. 

With an estimated annual production of 112 GWh, the plant will occupy 100 hectares and meet the energy needs equivalent to a population of 70,000 (over 3% of Namibia’s population).

Financing has been closed with South Africa’s Standard Bank and the subsidiary of Agence Française de Développement, Proparco for a sum north of US$50m. The electricity company NamPower and the local investors First Place, Mangrove and Talyeni are taking part in the project with ALTEN Africa.

 

Madrid|Spain – Windhoek|Namibia, 14 March, 2018.-  ALTEN Africa has achieved financial closure of what will be the biggest photovoltaic solar power plant in Namibia and Sub-Saharan Africa (apart from South Africa), with installed capacity of 45.5 MWp for an output of 37 MWac, an investment forecast of US$70m and a useful life of over 25 years. The plant was put out for tender by NamPower, the country’s state-owned electricity company, which also holds a 19% stake. The power produced by the new plant will meet 3% of the country’s energy needs.

Financing has been closed with the South African Standard Bank and the he subsidiary of Agence Française de Développement, Proparco for a sum over US$50m.

ALTEN Africa has a majority stake (51%) in the investment vehicle (ALTEN Hardap), in which NamPower also has a stake (19%), together with local investors: First Place, Mangrove and Talyeni (30%) – led by eight Namibian women. They are professionals and businesswomen, aged between 35 and 55, who have seen in [...]

Namibia: ALTEN Energías Renovables wins one of the biggest solar PV plant in Sub-Saharan Africa

The new plant is being developed by Nampower, the country’s state-owned electricity company, which also holds a stake, and will meet 3% of the country’s energy needs.