The Economic Community of West African States should prioritize the development of solar PV to meet surging energy demand over the next 30 years, according to a newly published study.
A fund backed by the United Nations and the government of Luxembourg is helping companies to provide small solar PV systems and innovative cooking stoves in the economically challenged West African nation.
Illegally re-badged panels were sold on to Senegal, Burkina Faso, Nigeria, Morocco, Mauritania, Turkey and even Syria. Italian authorities found 60 tons of panels which will be examined.
The Abu Dhabi Fund for Development will support half a dozen megawatt scale projects featuring solar in the Caribbean and Africa. In addition to around 42.5 MW of new solar capacity, the fund will also back the development of energy storage, waste-to-energy and biogas facilities.
The lender is providing the funds to support the West African country’s solar ambitions under the bank’s Desert to Power program. Several other European organizations have vowed to back the €137 million Yeleen solar project, which will encompass four sites.
Renewable energy is rapidly being adopted by mining companies as the combination of off-grid power and cheaply available renewables offers a strong business case.
The African Development Bank last year disclosed a plan to install 10 GW of solar in the deserts of the Sahel. A recent summit held in Burkina Faso may have brought the ambitious project a step closer.
The 21st Africa Energy Forum, this year in Lisbon, kicked off yesterday and will run until Friday. The meeting offers an insight into the continent’s energy markets.
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