Kodeni Solar Power Station
Kodeni Solar Power Station, is a 38 MW (51,000 hp) solar power plant, under construction in Burkina Faso. The solar farm is under development by the French IPP, Africa Ren, with funding from European financial institutions, led by FMO Entrepreneurial Development Bank of the Netherlands. Société Nationale d'électricité du Burkina Faso (SONABEL), the state-owned electricity utility company has signed a 25-year power purchase agreement (PPA), with Koden Solar SASU, the special purpose vehicle company established by the owners to own, develop, operate and maintain the solar farm.[1]
| Kodeni Solar Power Station | |
|---|---|
| Country | Bobo-Dioulasso, Houet Province, Burkina Faso |
| Coordinates | 11°06′59″N 04°22′34″W |
| Status | Under construction |
| Construction began | October 2021 |
| Commission date | August 2022 Expected |
| Construction cost | €41 million |
| Owner(s) | Africa Ren |
| Operator(s) | Kodeni Solar SASU |
| Solar farm | |
| Type | Flat-panel PV |
| Power generation | |
| Nameplate capacity | 38 MW (51,000 hp) |
Location
The development will be located near the city of Bobo-Dioulasso, the second-largest city in Burkina Faso.[1] Bobo-Dioulasso is located in the Hauts-Bassins Region of the Houet Province, approximately 356 kilometres (221 mi) by road, southwest of Ouagadougou, the capital and largest city in the country.[2]
Overview
The power station is under development by Africa Ren, a French IPP headquartered in Paris, France. Africa Ren, the sole owner, has incorporated a subsidiary in Mauritius, Africa Ren Invest Limited, an independent power producer (IPP), that is active in West Africa. Kodeni Solar SASU is a special purpose vehicle company established under Burkinabe jurisdiction to own, develop, operate and maintain this power station.[1][3]
The energy generated at this plant will be sold to SONABEL, the national electricity company of Burkina Faso, for integration in the national power grid. A 25-year power purchase agreement has been signed between SONABEL and the solar farm developers.[1][3]
Funding
The cost of construction is reported to be €41 million (US$47.7 million). The table below illustrates the funding sources for Kodeni Solar Power Station.[1][3]
| Rank | Funder | Amount € (millions) | Percentage | Notes |
|---|---|---|---|---|
| 1 | FMO (Netherlands) | 11.97 | 29.19 | Loan |
| 2 | Interact Climate Change Facility (ICCF) | 12.30 | 30.00 | Loan |
| 3 | Access to Energy Fund (AEF) | 8.10 | 19.76 | Loan |
| 4 | Africa Ren | 8.63 | 21.05 | Equity |
| Total | 41.00 | 100.00 | ||
Other considerations
The engineering, procurement and construction (EPC) contract was awarded to INEO by EQUANS, a subsidiary of the Engie Group.[1][4]
Annual energy generation at this power station is calculated at 73 GWh, sufficient to power 115,000 Burkinabe homes. It will also avoid the emission of 41,000 tons of carbon dioxide every year.[4]
One hundred and fifty construction jobs are expected to be created. After construction, thirty-five permanent employees will be required to operate the solar farm.[4]
References
- Jean Marie Takouleu (25 October 2021). "Burkina Faso: Africa Ren launches the construction of the Kodeni Solar plant in PPP". Afrik21.africa. Paris, France. Retrieved 30 October 2021.
- Google (30 October 2021). "Road Distance Between Ouagadougou, Burkina Faso And Bobo-Dioulasso, Burkina Faso" (Map). Google Maps. Google. Retrieved 30 October 2021.
- FMO Netherlands (22 December 2020). "Kodeni Solar SASU". FMO (Netherlands). The Hague, Netherlands. Retrieved 30 October 2021.
- AVCA (22 October 2021). "Africa REN launches the construction of the largest solar plant in Burkina Faso". African Private Equity and Venture Capital Association (AVCA). London, United Kingdom. Retrieved 30 October 2021.
External links
- Africa REN starts construction for 38MW Burkina Faso solar project As of 25 October 2021.