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Solar power plant project in Burkina Faso: AfDB approves $6 million

01/10/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Dans the framework of the “Desert to Power Initiative ”, le Burkina Faso has obtained an amount of 6 million euros ($6.71 million) for its solar power plant project. The funding came from the African Development Bank Group's Sustainable Energy Fund (SEFA)

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Desert-to-PowerVise à produce 10 GW of solar energy in 11 countries in the Sahel of à by' 2030, in order to promote d é é socio-economic development. du Burkina Le Faso solar power plant project includes the design, construction and operation of an 18 MW solar power plant in Dédougou, 250 kilometers west of the capital, Ouagadougou. C' est l' un des tout first independent power producer (IPP) projects in Burkina Faso ”, "serif">. He has obtained senior loans and subordinated loans, as well as a 25-year power purchase agreement with the National Electricity Company of Burkina Faso (SONABEL). According to the BAD , power plant will la be of great benefit to Burkina Faso, whose rate of Access to electricity was 19.5% in 2022, once operational

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