Engie SA and its partners have signed power purchase agreements (PPAs) with local electricity company Senelec.
The partners, among which is investor and asset manager Meridiam, will be selling electricity from Kahone Solaire in Kaolack region and Kael Solaire in Touba with a 30 MW capacity each. The combined 60 MW capacity has been awarded under the World Bank’s Scaling Solar program.
Engie and Meridiam placed the winning bids of EUR 0.0380 (US$0.431) per kWh for a PV project in Kahone, and EUR 0.0398 (US$0.045) per kWh for a project in Touba.
Country updates
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September 13, 2018
MIGA issues guarantee for 160 MW wind farm in Senegal
MIGA, a member of the World Bank Group, has issued a guarantee of US$105.4 million in support of the construction of the first wind farm in Senegal. The Parc Eolien Taiba N’diaye SA wind farm wi...
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September 03, 2018
Vestas to construct 159 MW wind farm in Senegal
Vestas has announced that it has signed an engineering, procurement and construction (EPC) contract for the 159 MW Taiba N’Diaye wind farm, Senegal’s first large utilit...
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July 31, 2018
Largest wind farm in West Africa reaches financial close
Lekela has announced that it has successfully reached financial close on the Taiba N’Diaye wind power project in Senegal. This will deliver the country's first utility-sc...
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June 13, 2018
MoU signed for US$1 billion renewable projects in West Africa
Multinational renewables developer Gigawatt Global Cooperatief has signed a Memorandum of Understanding with the Economic Community of West African States (ECOWAS) to invest US$1 billio...
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June 01, 2018
Lekela has hired Massaer Cisse, previously a director at Deloitte, Senegal, to manage the wind farm project as it reaches financial close, starts construction and begins operation
Lekela has hired Massaer Cisse, previously a director at Deloitte, Senegal, to manage the wind farm project as it reaches financial close, starts construction and begins operation. Cisse will also be tasked with maintaining relations with local stakeholders, including the government and Senelec, as well as assisting Lekela's business development in the region
