GreenYellow, a French energy company, has received a €4.5 million guarantee from the Multilateral Investment Guarantee Agency to help finance the building, operation, and maintenance of a 30 MWp solar project in Burkina Faso.
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This study by the International Renewable Energy Agency seeks to map suitable areas in Burkina Faso for deploying utility-scale solar PV and wind power projects. This report provides insights on the country’s potential to adopt solar PV and wind power; information on potential areas to explore in national grid infrastructure planning; and input for high-level policy models to ensure universal electricity supply and support for the long-term abatement of climate change.
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Bboxx, a next-generation utility, is entering the Burkina Faso market through a first-of-its-kind joint venture with Geocoton Advens Group. This is the first stage in a long-term strategic relationship that will see the two firms extend renewable energy into other nations in the future.
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Burkina Faso, in West Africa, has announced that it will develop a solar power plant 250 km southeast of the nation’s capital city of Ouagadougou, near the town of Pâ. The new solar energy plant will have an installed capacity of 30 MW and will sell power to Burkina Faso’s national power utility, La Société National D’électricité Du Burkina Faso (SONABEL). The Project includes string inverters and monocrystalline modules and will be connected to the grid via a 2km cable to a nearby sub-station.
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The European Investment Bank (EIB) has announced EUR 38.5 million of new financial and technical support to Burkina Faso for promoting solar power development. The funding will also be used to protect its capital city Ouagadougou from future flooding. Through this financing, EIB aims to improve energy access in the country and address the risks caused by extreme weather.
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