Phanes Energy Gets Approval to Construct 93MWp Solar Plant in Mali

Phanes Energy Mali-SA, a subsidiary of the Phanes group, has gotten approval from the Malian Government to begin the construction of a 93 MWp photovoltaic solar power plant in Touna located in the Ségou region of the country. The project is expected to cost about 69.8 billion CFA francs (106.4 million euros) “excluding taxes and customs duties”. The energy generated by the plant will be supplied to the public utility Energie du Mali (EDM-SA) via a power purchase agreement (PPA). It is expected that the Touna solar power plant will optimise power production costs and improve the quality of service from the national grid.

Construction of the solar power plant will take 18 months, and the plant is scheduled to supply power to Mali’s national grid for 25 years. The plant is part of Mali’s initiative to increase its national grid capacity with solar energy. The country is looking to increase the proportion of renewable energy contribution to its national energy mix.

Mali is counting on private sector investments by independent power producers to increase its renewable energy capacity and grid supply capacity. The French IPP Akuo Energy had recently commissioned a 50 MWp solar power plant at Kita with the generated power being sold to the EDM-SA. Currently, Amea Power is constructing a 50MWp solar project scheduled to be added to the grid while Pal 4 Énergie Solaire will soon supply about 100 MWp from the Diéma solar power plant.

Leave a Reply

Your email address will not be published. Required fields are marked *