https://www.engineeringnews.co.za

Mali to build $25m solar plant with loan from AfDB

8th March 2017

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

     

Font size: - +

Mali’s first utility-scale solar photovoltaic (PV) power plant, the 33 MW Segou project, which will be built at a cost of $25-million.

The project will increase the country¹s installed capacity from renewable resources and will generate 52.7 GWh/y, or about 10% of current generation capacity, over 25 years.

The project will be funded under the Scaling Up Renewable Energy in Low Income Countries funding window of The Climate Investment Funds, with co-financing from the AfDB and International Finance Corporation. Each is contributing $8.4-million.

The project will be implemented by a special purpose vehicle that is fully owned by the private sector under a 25-year build, own, operate and transfer concession agreement with the government of Mali and a 25-year power purchase agreement with Mali¹s national utility, Énergie du Mali.

“Introducing utility-scale solar PV as an energy source will enable Mali to harness its abundant solar energy potential, diversify the country’s energy mix and increase access to cleaner energy for its citizens,” said AfDB climate change and green growth director Anthony Nyong.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.082 0.132s - 150pq - 2rq
Subscribe Now