ENGIE signs PPA with Senegal
A 25-year power purchase agreement (PPA) has been signed
between energy and services company ENGIE and the
Senegalese government. two projects that are located in Kahone within the Kaolack
region, and Kaël in the Touba region, will be managed and
executed by ENGIE.
The PPA is for two solar photovoltaic projects and included
other stakeholders such as ENGIE’s investment partner
Meridiam consortium and Fonsis and the Senegalese
Sovereign Fund. “This long-term public-private partnership with
Senegalese authorities and Senelec is the first IPP
project of ENGIE in the country. We have been able to
capitalise on our experience of developing and operating
renewable energy projects in Africa — in particular
in Senegal,” says Philippe Miquel, head of ENGIE
Western & Central Africa.
With nearly half of the population unable to access
electricity, the Scaling Solar project enables governments
to rapidly mobilise privately funded projects to improve
access to electricity. The construction and operation of the
Yoven Moorooven, CEO of Engie Africa, said, “ENGIE has
been committed to developing and implementing solutions
that meet Africa’s economic and social needs for decades.
The signing of the power purchase agreement demonstrates
that our commitment to the region is ongoing. Our focus is
now on the future and on finalising the projects in Kahone
and Kaël, ensuring that Senegal has access to sustainable
energy for the foreseeable future.” b
A PPA has been signed for two solar photovoltaic projects in Senegal.
44 AFRICAN MINING MARCH - APRIL 2019
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Developed by the Senegalese government and the
International Finance Corporation (member of the World
Bank Group), the projects have a combined installed
capacity of 60MW and are part of the wider Scaling Solar
initiative in Senegal. This signing follows the preferred
bidder announcement that was done in April 2018.