Financial Close Reached for 26.6 MW Solar Project in Burkina Faso

  • AMEA Power has announced financial close on the 26.6MW  Zina solar power project in Burkina Faso.
  • The solar plant is being built by EPC Zina Solaire, a subsidiary company of AMEA Power.
  • The  project is located 185km from the capital city Ouagadougou, in the village of Zina in the Mouhoun province.
  • Zina Solaire has signed a 25-year power purchase agreement with SONABEL, the national utility company, under a public-private partnership agreement. 

Hussain Al Nowais, Chairman of AMEA Power, commented: “We support Burkina Faso’s drive to turn to solar as a vital measure to boost the energy supply and to reduce the country’s reliance on the importation of fossil fuels for power generation. The country is looking to add more than 500MW of capacity by 2025, and AMEA Power is pleased to be part of the country’s journey to provide clean, affordable and reliable energy to the people of Burkina Faso.”

The project is financed by the International Finance Corporation (IFC), the IFC-Canada Climate Change Program and the Emerging Africa Infrastructure Fund (EAIF), a member of the Private Infrastructure Development Group (PIDG).

Author: Bryan Groenendaal

Leave A Reply

About Author

Green Building Africa promotes the need for net carbon zero buildings and cities in Africa. We are fiercely independent and encourage outlying thinkers to contribute to the #netcarbonzero movement. Climate change is upon us and now is the time to react in a more diverse and broader approach to sustainability in the built environment. We challenge architects, property developers, urban planners, renewable energy professionals and green building specialists. We also challenge the funding houses and regulators and the role they play in facilitating investment into green projects. Lastly, we explore and investigate new technology and real-time data to speed up the journey in realising a net carbon zero environment for our children.

Copyright Green Building Africa 2024.