+254 733 610 288 info@cpsolar.co.ke

Case Studies


C&P Shoe Industries Limited

Financial Model

  • System installed: December 2017
  • Cost: Kshs.23,000,000/-
  • Downpayment (30%): Kshs. 6,900,000/-
  • Investment deduction in 2017 (30% x 100% of Shs.23M):  Kshs.6,900,000/-
  • Loan for the balance: Kshs.16,100,000/-
  • Net outlay from client: NIL
  • Loan for 4 years at 5.5%: Kshs.16,100,000/-
  • Monthly installments: Shs.375,000/-
  • Monthly Solar Power Savings: Shs.400,000/-

Annual saving from year 5 onwards: Kshs. 4,800,000/-

Actual Solar Energy Report



System Features

  • Grid Tied 1.5MW Solar PV System
  • Aluminum mounting for light-weight structure
  • Remote REAL-TIME monitoring system
  • Power limitation control to prevent back-feeding to the grid
  • Conduit on all DC Power cables for extra protection (UV rated Double sheathed)

Financial Model

  • System size: 1,500KW
  • System cost: Kshs. 160million
  • Average actual daily generation: 6,500KWhrs
  • Average saving: Kshs. 90,000/day
  • Expected annual saving (based on 330 working days): Kshs. 30million

Payback period

  • Payback period: 3 years
  • Cost of system: Kshs. 160m
  • Investment deduction (150% – tax saving):  Kshs. 72m
  • Net cost: Kshs. 88m

Annual savings: Kshs. 30m

Main Results

Official Distributor

CP Solar Resources is the official distributor for Kenya and installs branded SunPower solar panels that provide maximum flexibility to address all of your energy needs.

SMA Germany

CP Solar Resources installs inverters & accessories from SMA Germany with up to 25 years’ warranty.

SunPower/SMA Involvement

 - Full system design
- Electrical layout planning
- Solar panel layout to provide optimum system yield
- Full system commissioning and inverter configuration
- System support throughout installation and after commissioning
- Warranty

Are you ready to save BIG?

CP Solar Resources Limited is Kenya’s leading provider of customized solar power solutions.

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  • It is a government incentive of investment deduction.
  • It has recently been changed to 50%. This also varies depending on the sector of the economy a company is listed under.

SUNREF (Sustainable Use of Natural Resources and Energy Finance) is an initiative that was developed by Agence Française de Développement (AFD) to support financial institutions and their clients in order to boost financing for projects for sustainable natural resources management, with a focus on clean energy.

The French Development is a public financial institution that implements the policy defined by the French Government.

It works to fight poverty and promote sustainable development. This public institution is active in Africa, Asia, the Middle East, Latin America, the Caribbean and the French overseas territories, where it finances and supports projects that improve living conditions for populations, promote economic growth and protect the planet.

  •  Manufacturers
  • Tea/Coffee/Flower Farms
  • Lodges & Hotels
  • Hospitals
  • Quarries
  • Rental Developments
  • Institutions
  • Home Solutions
  • On average, a payback period of between 4 to 6 years.
  • “Free solar power” for the life of the solar system (at least 25 years).
  • Over the last few years, the price of solar systems has reduced while KPLC rates have increased.

High power consumers, such as:

bolt iconManufacturers
bolt iconTea/Coffee/Flower Farms
bolt iconLodges & Hotels
bolt iconHospitals

bolt iconQuarries
bolt iconRental Developments
bolt iconInstitutions
bolt iconHomes