- AXIAN Energy together with its partner SIKA Capital, plan to build four solar power plants in Benin located in Bohicon, Parakou, Djougou and Natitingou.
- With a total capacity of 50 MW, the plants will supply clean electricity to the equivalent of 50,000 households, directly contributing to Benin’s national objective of achieving 30% renewable energy in the energy mix by 2030.
Representing a total investment of €45 million, the project is backed by a robust alliance of public and private stakeholders committed to developing sustainable energy infrastructure in Africa.
Financing of €35 million will be provided by two leading development finance institutions, underscoring both the project’s solidity and its expected impact on the country’s economic and social development.
The initiative is carried out in close collaboration with Benin’s authorities and energy sector operators. SBPE (Société Béninoise de Production d’Électricité) and SBEE (Société Béninoise d’Énergie Électrique) will play a central role in integrating the electricity generated into the national grid.
The Ministry of Energy, Water and Mines and the Ministry of Economy and Finance are actively supporting the project, ensuring full alignment with Benin’s energy priorities.
“This project represents a decisive milestone for Benin and for our shared ambition: making renewable energy accessible to as many people as possible. Together with Sika Capital and the Beninese authorities, we will work to deliver this major project that will lay the foundations for a more inclusive and resilient energy future for the country,” said Benjamin Memmi, CEO of AXIAN Energy.
Author: Bryan Groenendaal
