Modular solar battery Burkina Faso

How much solar power does Burkina Faso have?

Burkina Faso had just 62 MW of installed PV at the end of 2020. The World Bank has agreed to support Burkina Faso's Sustainable Renewables Risk Mitigation Initiative (SRMI) to improve access to electricity in rural areas with $168 million.

Will Burkina Faso invest $400 million in solar?

“This new scheme will enable Burkina Faso to mobilize more than $400 million in private investment in solar production and innovative battery storage systems,” added Alexis Madelain, project team leader at the World Bank.

What will Burkina Faso's solar funds be used for?

The funds will be used to implement the country’s Large Scale Solar and Rural Electrification Project. They will also support the government in outlining an upcoming tender for 325 MW of solar coupled with 335 MWh of storage capacity. Burkina Faso had just 62 MW of installed PV at the end of 2020.

Does Burkina Faso have electricity?

Faso Energy secured almost XOF1 billion worth of tax exemptions during construction of the facility, which features a semi-automated PV production line supplied by Spanish equipment provider Mondragon. It is estimated less than 20% of the population of fossil fuel-dependent Burkina Faso has access to electricity.

How many solar panels will Burkinabe produce a day?

The plant, in the industrial zone of the Kossodo district of the Burkinabe capital, is expected to deliver 60-100 PV panels per day. Modules with power outputs ranging from 260 W to more than 330 W are being made at the XOF3.25 billion ($5.78 million) factory.

Why is Burkina Faso launching a new energy project?

“This new project is in line with our strategy for the Sahel, which aims to double the rate of access to electricity by 2025, especially in rural areas, and to create the conditions for more private financing in the energy sector,” explained Maimouna Mbow Fam, World Bank operations manager for Burkina Faso.