How many people in Senegal will get solar power?

Nearly 540,000 people in Senegal will get access to clean and affordable power following the launch of two solar photovoltaic (PV) plants, financed by IFC, the European Investment Bank and Proparco, under the World Bank Group’s Scaling Solar program.

How can solar power plants benefit Senegal?

The project estimates that more than 400 jobs in the towns benefit from the existence of the new solar power plants in Senegal. Because Senegal mainly relies on imported oil for electricity, solar power plants offer a more reliable and sustainable green energy source that costs less.

How many jobs will the new solar power plants create in Senegal?

The addition of the solar power plants form part of the World Bank Group’s Scaling Solar program and are funded by the International Finance Corporation (IFC), European Investment Bank and Proparco. The project estimates that more than 400 jobs in the towns benefit from the existence of the new solar power plants in Senegal.

Who sponsors Senegal's solar power plants?

The PV plants, located in Western Senegal, are sponsored by Engie, Meridiam, and the Senegalese Sovereign Wealth Fund for Strategic Investments ( FONSIS ). The competitive tendering process was led by Senegal’s Energy Regulatory Commission ( CRSE ). For more information, please read the press release here.

Will two solar plants be built in Senegal's southern Casamance region?

DAKAR, Nov 13 (Reuters) - Two solar plants with a combined 60 megawatts (MW) capacity and battery storage will be built in Senegal's southern Casamance region to electrify rural areas, Africa-based project developer Axian Energy said on Wednesday.

Who financed the Kahone and kaél solar power plants in Senegal?

In Senegal, the Kahone and Kaél solar power plants were built thanks to loans from the IFC, the European Investment Bank (EIB) and Proparco, the private sector financing arm of the French Development Agency (AFD). 38 million for the new solar parks.