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Walo Solar PV Plant & BESS

Sector: Solar • Location: Senegal

Source: World Bank Group

Project
Active

The project involves the construction of the Walo Solar PV Plant and battery energy storage system (BESS) located in Bokhol, Senegal. The plant will have a capacity of 16MW whilst the BESS will have a capacity of 10MW.

The sponsor is Africa REN. The total value of the project is $45.92m. The EAIF, FMO, Access to Energy Fund and PIDG Technical Assistance are supporting the project with investment

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The project “Walo Solar PV Plant & BESS” is an infrastructure initiative in the Solar sector, located in Senegal. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project involves the construction of the Walo Solar PV Plant and battery energy storage system (BESS) located in Bokhol, Senegal. The plant will have a capacity of 16MW whilst the BESS will have a capacity of 10MW. The sponsor is Africa REN. The total value of the project is $45.92m. The EAIF, FMO, Access to Energy Fund and PIDG Technical Assistance are supporting the project with investments totalling $33.35m. The off-taker of the project is Sengalese utility company Senelec, under a 20 year PPA. Financial closure was achieved in June 2023. Realfin https://www.pv-magazine.com/press-releases/africa-ren-secures-e32m-for-pioneering-walo-storage-project-in-west-africa/ https://www.constructafrica.com/news/africa-ren-achieves-financial-close-senegal-energy-storage-project; https://www.eaif.com/eaif-commits-eur11-5-million-to-west-africas-first-project-financed-solar-pv-battery-energy-storage-system-project-in-senegal/ https://www.fmo.nl/news-detail/5f6417a6-8459-4a18-b9a8-b19bbd433b9e/monthly-transaction-overview-june

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