News
05 December 2019

AfDB to co-finance Yeleen solar plant in Burkina Faso

In:
Renewable energy
Region:
Middle East & Africa

The African Development Bank has approved a €48.82 million loan to the government of Burkina Faso to help finance the constructon of the Yeleen solar plant.

The total project cost is about €136.69 million, with the rest of the financing for Yeleen being provided by Agence Française de Développement, the European Union, and Société Nationale d'électricité du Burkina Faso.

The project will increase and diversify electricity supply through the construction of four new 52MWc PV plants and extend power distribution networks to connect 30,000 new households, or about 200,000 people. It will also contribute to the avoidance of 48,000 tCO2eq emissions annually. 

Yeleen, which is to be implemented under AfDB's Desert to Power ( DTP) Initiative, and which will span a period of five years from 2020-2024, is the second project under the DTP initiative in Burkina Faso.

You might also like


Perspective
03 May 2024

Greasing the cogs of ECA and DFI cooperation

Could the recent rapid growth in untied ECA lending make collaboration with DFIs and MDBs easier in the future?

Interview
07 May 2024

Shona Tatchell: EBRD's new head of trade facilitation on...

In her first interview since her appointment on 7 May, Shona Tatchell, the new head of trade and supply chain finance, European Bank for Reconstruction & Development (EBRD)...