- Africa REN has started construction of the 10MW/20MWh Walo battery energy storage project in Senegal.
- The Dutch development bank FMO and the Emerging Africa Infrastructure Fund (EAIF), acting through Ninety One, fund manager of EAIF has provided โฌ32 million in syndicated debt into Walo Storage. ย
Walo Storage represents a major breakthrough as the first battery storage project in West Africa dedicated to frequency regulation. In a country challenged by grid constraints due to limited spinning reserves and the ongoing integration of intermittent energy, the Walo Storage project will bring much- needed stability to the local grid and reduce power outages. Furthermore, this initiative supports Senegal’s 2030 Universal Access goal by producing 16MW from green energy sources and is anticipated to reduce CO2 emissions by 17,000-21,000 tons per year.
Author: Bryan Groenendaal