- Up to 500 MW RE projects to be developed.
- Operations are expected to commence in 2025/2026.
Savannah Energy Plc, a British Independent energy company, has closed a deal with Chad’s Republic’s Ministry of Petroleum and Energy. The agreement is about developing up to 500MW of renewable energy projects.
300 MW of solar photovoltaic (PV) power plant and a battery energy storage system (BESS) will be developed in Kome in the southern part of Chad. The project is to be called the Centrale Solaire de Kome and supply reliable electricity for the Doba Oil Project and the neighbouring towns of Moundou and Doba, which only have intermittent energy supply at the moment. The project is expected to become operational by 2025.
Savannah Energy will also construct one other solar and wind project, each of 100MW capacity, to supply electricity to Chad’s capital city of N’Djamena. The two new projects will also have some energy storage capacity, called Centrales d’Energie Renouvelable de N’Djamena. Operations of these are expected to commence in 2025/2026.
Savannah Energy hopes to finance the projects through internally sourced cash flows and project-specific debt. “The Projects represent one of the largest ever foreign direct investments in Chad and are believed to be the largest ever by a British company,” commented Andrew Knott, CEO of Savannah Energy.
Savannah has also signed a similar deal with the Niger Republic and will construct a 250 MW wind farm in the country. According to Andrew Knott, Savannah will announce its involvement in more projects of this kind during the course of the next 12 months.