EIB finance for Burkina Faso solar plant
The European Investment Bank will lend more than half the cost of expanding the first solar project built by the West African nation’s electric utility, from 37 MW to 50 MW.
Construction begins on 30 MW of solar in Burkina Faso
Work has started on PV plants with generation capacities of 20 MW and 10 MW. The facilities will be located in Koudougou, in Boulkiemdé province and in Kaya, in Sanmatenga, respectively.
UN-backed fund to support solar businesses in Burkina Faso
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.
Work begins on 30 MW solar plant in Burkina Faso
Electricity generated by the facility will be sold at $0.08/kWh to national utility Sonabel. Burkina Faso recently adopted a solar-oriented energy policy.
African Development Bank to lend almost €49 million for 208 MW of solar in Burkina Faso
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.
