Kita Solar Power Station Explained

Kita Solar Power Station
Name Official:Centrale solaire de Kita
Coordinates:13.0283°N -9.5194°W
Country:Mali
Location:Kita
Status:O
Construction Began:February 2019
Commissioned:April 2020
Owner:Akuo Energy & Pash Global
Operator:Akuo Kita Solar
Solar Type:PV
Ps Units Operational:187,000
Ps Electrical Capacity:50MW

Kita Solar Power Station (French: Centrale solaire de Kita) is a 50MW solar power plant in Mali. At the time of its commissioning, in April 2020, it was the largest, grid-connected solar power station in West Africa.[1]

Location

The development sits on of real estate.[1] The power station is in town of Kita, Kayes Region, approximately 188km (117miles), by road, northwest of Bamako, the capital city of Mali, along the BamakoKéniéba Highway. Kita is located about 243km (151miles), by road, northeast of the town of Kéniéba, at the international border with Senegal. The geographical coordinates of Kita Solar Power Station are: 13°01'42.0"N 9°31'10.0"W (Latitude:13.028333; Longitude:-9.519444).

Overview

The power station is a joint venture between Akuo Energy, an independent energy producer, based in France, and Pash Global, an investment company. Together, they own Akuo Kita Solar, the special purpose vehicle company that owns and operates the power station. The power generated is purchased by the Malian public electric utility company, Electricité du Mali, pursuant to a 30-year power purchase agreement.[1] [2]

Kita Solar Power Station is capable of supplying electric energy for up to 120,000 households in Mali. In addition, it helps the country to save the emission of up to 52,000 tonnes of carbon dioxide every year.[1] [2]

Ownership

The table below illustrates the ownership of Kita Solar Power Station and of Akuo Kita Solar, the special purpose vehicle company that operates the power station.[1]

Akuo Kita Solar Stock Ownership! Rank !! Name of Owner !! Percentage Ownership
1 Akuo Energy
2 Pash Global
Total

Funding

The cost of construction is reported to be 53 billion CFA francs (€80.7 million). Lenders to the project included:[1] 1. West African Development Bank 2. Emerging Africa Infrastructure Fund[3] 3. FMO (Netherlands) 4. National Agricultural Development Bank of Mali 5. Green Africa Power and 6. GuarantCo.[1] [4]

See also

External links

Notes and References

  1. Web site: Mali: Akuo Energy commissions its 50 MW Kita Solar Power Plant . 20 November 2020 . Afrik21 . 23 November 2020 . Jean Marie Takouleu . Paris, France.
  2. Web site: Kita PV power plant in Mali will be commissioned at the beginning of 2020 . ECOWAS Observatory for Renewable Energy and Energy Efficiency (ECOWREX) . 15 November 2019 . ECOWREX . 23 November 2020 . Praia, Cape Verde.
  3. Web site: April 2020 . Award-Winning €78 Million Akuo Kita Solar Power Plant In Mali . Emerging Africa Infrastructure Fund (EAIF) . 23 November 2020 . EAIF . Ebene, Mauritius.
  4. Web site: Mali: Financing approved for Akuo Kita Solar power plant . ESI Africa Journal . 30 January 2018 . 23 November 2020 . ESI Africa . Rondebosch, South Africa.