- US $40m
About the Project
In June 2015, the government of Mali issued two tenders for the development, financing, construction and operation on a BOOT basis of two PV plants of 50 MWp and 25 MWp in Sikasso and Koutiala respectively. Existing substations within 1km of each site connect to the national grid and neighboring countries via an existing 225 kV transmission line. The two tenders were separate and each plant will be developed by a different sponsor with its own 28 year PPA. In 2016, the consortium formed by Access Power, Eren and Africa Invest received the award letter regarding the 25MWac/32MWp project located in Koutiala, southeast Mali. The site, spread across 120 hectares will be provided by the State for the development of this landmark project. The electricity will be purchased by Energie du Mali.
Despite significant progress over the past decade, access to electricity remains a severe development challenge in Mali. Urban rates of electricity access are around 55%, but nearly 75% of the population lives in rural areas, where electricity access is 15%. The energy sector is characterized by high dependencies on hydroelectric power generation, which accounts for 55% of grid connected primary energy, and biomass, which meets around 80% of household energy needs, and generates a similar proportion of the country's total greenhouse gas (GHG) emissions.
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