- AXIAN Energy secures 89 million for two solar plants in Senegals Kolda region to boost energy access.
- The Kolda solar farm aims to power 25,000 households and stabilize Senegal's grid by 2026.
- AXIAN Groups renewable projects across Africa support energy inclusion and local economic development.xA0
AXIAN Energy, the energy division of the Pan-African conglomerate, AXIAN Group, owned by Malagasy businessman Hassanein Hiridjee, has secured 84 million 89 million in financing for two solar power plants in Senegal's Kolda region, bolstering energy access in the underserved Casamance region.
The investment , supported by a consortium including Emerging Africa Asia Infrastructure Fund EAAIF, Dutch development bank FMO, and Germany's DEG, is part of a 105 million 111.5 million effort aimed at enhancing energy reliability and fostering local economic development. The financing will support the construction of the region's largest battery storage system alongside a photovoltaic array.
Kolda Solar Farm A step toward Senegals renewable energy goalsSet for completion in 2026, the Kolda solar farm will feature a 60 MW photovoltaic array and a 72 MWh battery energy storage system BESS.
Once operational, it is expected to provide electricity to 25,000 households, generating enough power to support approximately 235,000 people annually. This initiative is integral to Senegal's 2030 renewable energy goal of reaching 40 clean energy in the countrys energy mix.
Benjamin Memmi, CEO of AXIAN Energy, expressed the companys commitment to energy inclusion across Africa, noting that the project would help meet the United Nations Sustainable Development Goals while driving West Africas sustainability efforts.
