84 MW solar project for Guinea
The two plants will make Guinea''s energy system stronger, greener and more reliable, bringing an extremely affordable new energy source into a
Translated into household equivalents, the 84 MW project could supply more than 360,000 families. The solar plants will contribute substantially to Guinea's overall goal of producing 30% of its energy from renewable sources by 2030, a key part of the country's commitment to the Paris Agreement.
The two plants will make Guinea's energy system stronger, greener and more reliable, bringing an extremely affordable new energy source into a historically fossil-fuel-dominated (and expensively subsidised) market.
The largest energy sector investment in Guinea is the 450MW Souapiti dam project (valued at USD 2.1 billion), begun in late 2015 with Chinese investment. A Chinese firm likewise completed the 240MW Kaleta Dam (valued at USD 526 million) in May 2015.
Includes a market overview and trade data. The Guinean government has announced a long-term energy strategy focusing on renewable sources of electricity including solar and hydroelectric as a way to promote environmentally friendly development, to reduce budget reliance on imported fuel, and to take advantage of Guinea's abundant water resources.
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