Senergy II

Debt : November 2017

Senergy 2 consists of the design, construction, operation and maintenance of a 25 MW ground-mounted PV solar power plant.

Amount

€ 9,100,000.00

Type of investment

Debt

Development impacts

Local economic growth
Private sector consolidation/innovation
Access to basic services & goods
Fight against climate change and preservation of natural resources

Beneficiary locations

Sub-Saharan Africa: Senegal

Investment field

Infrastructure

Activity

Energy - Solar

Organisation

Senergy II

Website

http://www.greenwishpartners.com/portfolio/senergy-2-solar-pv-farm/

Domicile

Senegal

The Concession and the PPA were awarded to the project company after a transparent and fair bidding process in July 2013. The original developers sold their share in 2013 to project developer GreenWish Africa REN, who finalized the project development. After a construction period of 8 months, COD of 20MW has been achieved in December 2016 and made Senergy 2 the first operational solar IPP in Senegal and the largest solar power station in West Africa.

The project is located in Bokhol, 385km north-east of Dakar, close to the border with Mauritania. Senergy 2 has secured a 25 years land lease agreement for 50 ha. Power will continue to be evacuated by a 370 meters transmission line to the existing substation, which is connected to the grid

Development impacts

Local economic growth
creation of 150 jobs during construction and 25 during operations; recruitment in surrounding villages
Private sector consolidation/innovation
Low cost and sustainable energy
Access to basic services & goods
Supply of stable and clean electricity for 180.000 people in a country where demand for electricity continues growing and exceeds supply
Fight against climate change and preservation of natural resources
Reduction of the greenhouse effect through substitution of fuel based and imported electricity generation
Estimated additional GHG avoidance of approx. 22.320 t CO2/yea