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Private Sector | Not Classified - South Africa | PID: 195449
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ENGIE, Meridiam, and FONSIS have announced the commissioning of two photovoltaic projects in Senegal with a total production capacity of 60 MW. Located in the regions of Kaolack and Diourbel, the projects – Kahone Solaire SA (35MW) and Kael Solaire SA (25MW) – are part of the Scaling Solar initiative in Senegal. The initiative is jointly led by the Senegalese authorities and the International Finance Corporation, which aims to promote investment in solar energy. These are the first electricity generation projects by private operators to be tendered in Senegal and are aimed at contributing to the country’s ambitious goal of increasing the share of renewable energy in its energy mix to 30%. The project company managing the concession over 25 years is held by Meridiam (40%), ENGIE (40%), and FONSIS (20%), the Senegalese sovereign wealth fund
| Updated on: 02 - Jun - 2021
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