- Engie, Meridiam and FONSIS have entered into a power purchase agreement with SENELEC for 60 MW solar power capacity
- The consortium will develop this 60 MW capacity, won under the World Bank's Scaling Solar program, in the form of 2 projects
- The projects will be developed in Kahone and Touba regions by Kahone Solaire and Kael Solaire, established by the winning consortium
The National Electricity Company (SENELEC) of Senegal has signed a power purchase agreement (PPA) for 2 solar power projects with a combined capacity of 60 MW awarded under the World Bank’s Scaling Solar program (see Engie Wins 60 MW In 100 MW Senegal PV Tender).
The two projects will be built by special purpose vehicles, Kahone Solaire and Kael Solaire, established by FONSIS, Meridiam and Engie.
The consortium of Engie and Meridiam won the auction in April 2018, offering winning tariffs of $0.0380 per kWh for the plant in Kahone and $0.0398 per kWh for the second plant in Touba.
A statement on the website of Scaling Solar reads, “With prices under 4 US cents per kWh, solar energy will become Senegal’s cheapest energy source.”
Currently Senegal has 620 MW of electricity production capacity, and 56.5% of the population still has no access to it. The planned 60 MW capacity under Scaling Solar will help the country integrate renewable energy resources in its energy mix.