Senegal signs agreement with Climate Fund Managers to develop solar-plus-storage power plant

SENEGAL – The government of Senegal through Senegalese firm Energy Resources Senegal (ERS) SA has signed an agreement with Climate Fund Managers (CFM) to jointly develop a solar-plus-storage power plant in Niakhar, an arrondissement of the Fatick Department in the Fatick Region of Senegal. The solar plant will have a capacity of 30 MWp. The plant will also be equipped with a battery system capable of storing between 15 MWh and 45 MWh of electricity. This combination is set to become the West Africa Country’s first-ever hybrid solar power plant…

Read More

UPC Renewables, CFM to invest US$40m in Tunisia’s first privately owned wind farm

TUNISIA – Construction works are set to begin soon at Sidi Mansour wind farm project located in the northern region of Tunisia. This follows the signing of a financing agreement between the contracting company, UPC Renewables (UPC) and the Climate Fund Managers (CFM). According to Africa Energy Portal, the Sidi Mansour wind farm project, will be constructed at a cost of US$40 million. Upon completion, the Sidi Mansour project is expected to generate approximately 30 MW of electricity and will become the first privately-owned wind farm in the North African…

Read More