Kenya commissions first solar-hydrohrybrid power plant
HydroBox and SolarNow have commissioned Kenya's first hybrid solar and hydro power plant, offering year-round stable electricity supply benefiting 170 beneficiaries and bridging dry and rainy seasons. Ernst Vriesendorp, Director and CEO at SolarNow and Rik Vereecken, CTO, Hydrobox spoke to CNBC Africa for more.
Wed, 18 Oct 2023 15:03:21 GMT
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AI Generated Summary
- The project aims to provide stable electricity supply year-round to rural areas in Kenya, benefiting 170 beneficiaries and bridging seasonal fluctuations.
- The hybrid system combines solar and hydro technologies to ensure consistent power generation, leveraging real-time monitoring for efficient energy management.
- Financial sustainability remains a key challenge, with a projected break-even period of 10 to 15 years for customers and a total investment of $650,000 funded by a mix of stakeholders.
Kenya has taken a major step towards sustainable energy generation with the commissioning of its first hybrid solar and hydro power plant. HydroBox and SolarNow have joined forces to bring stable electricity supply year-round, benefiting 170 beneficiaries and bridging the gap between dry and rainy seasons. This innovative project marks a milestone in Kenya's renewable energy efforts and sets a precedent for future collaborations in the sector.
The project, spearheaded by Ernst Vriesendorp, Director and CFO of SolarNow, and Rik Vereecken, CTO of HydroBox, aims to electrify rural areas in Kenya where access to electricity is still limited. By combining solar and hydro technologies, the plant ensures a consistent power supply even during periods of low water levels or limited sunlight. The hybrid setup maximizes energy production by leveraging the natural flow of water and solar energy, resulting in a reliable source of electricity for the local community.
Rik Vereecken explained the importance of the hybrid system, highlighting the need for renewable energy sources that can provide power consistently throughout the year. By utilizing both solar and hydro power, the plant can adapt to fluctuations in weather conditions, ensuring a steady stream of electricity for the residents of Gaza and surrounding areas. The innovative real-time monitoring technology further enhances the efficiency of the system, allowing for accurate power production forecasts and optimal energy management.
Ernst Vriesendorp discussed the financial aspects of the project, acknowledging the challenges of achieving cash flow positivity in rural energy projects. He estimated that customers could expect to break even in 10 to 15 years, emphasizing the importance of sufficient demand and offtake for long-term sustainability. The project's investment of $650,000, divided between hydro and solar components, was funded by stakeholders including HydroBox, SolarNow, crowdfunding platforms, and private equity investors.
The partnership between HydroBox and SolarNow opens up possibilities for future expansion and reinvestment in similar projects. With a focus on scaling up sustainable energy solutions, the collaborators are exploring new opportunities to replicate the success of the first hybrid power plant. Despite not receiving government incentives, the project stands as a testament to the viability of renewable energy investments and the potential for community-driven energy initiatives.
The commissioning of Kenya's first hybrid solar-hydro power plant signals a new era in sustainable energy generation for the country. By combining solar and hydro technologies, the project offers a reliable source of electricity for rural communities and sets a promising precedent for future renewable energy ventures. With a commitment to innovation and sustainability, HydroBox and SolarNow have paved the way for a brighter and greener future in Kenya's energy landscape.