Segou solar photovoltaic project, Mali

9th October 2020 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Segou solar photovoltaic project, Mali

Name of the Project
Segou solar photovoltaic project.

Location
Mali.

Project Owner/s
Scatec Solar will build, own and operate the solar power plant, with a 51% shareholding. The International Finance Corporation (IFC) Infraventures and Africa Power will hold the remaining part of the equity.

Scatec Solar will also be the engineering, procurement and construction (EPC) provider, and will provide operation and maintenance (O&M), as well as asset management services (AMS), for the power plant.

Project Description
The project entails the construction of a 33 MW solar power plant, with yearly production estimated at 57 GWh. The clean energy produced by the plant will contribute to avoid the emission of 33 000 t/y of carbon dioxide.

Potential Job Creation
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Not stated.

Latest Developments
The project has been awarded economic support from Norwegian Agency for Development Corporation, or Norad, with regard to project development and for grid infrastructure invest­ments that will be transferred and operated by Electricité du Mali after the project is completed.

Key Contracts, Suppliers and Consultants
The IFC and African Development Bank (nonrecourse project finance) and Scatec Solar (EPC and O&M, and AMS).

Contact Details for Project Information
Scatec Solar communication and investor relations, Ingrid Aarsnes, tel +47 950 38364 or email ingrid.aarsnes@scatecsolar.com.