Kodeni Solar Power Station Explained

Kodeni Solar Power Station
Coordinates:11.1164°N -4.3761°W
Country:Bobo-Dioulasso, Houet Province, Burkina Faso
Status:O
Construction Began:October 2021
Commissioned:December 2023
Cost:€41 million
Owner:Africa Ren
Operator:Kodeni Solar SASU
Solar Type:PV
Ps Electrical Capacity:38MW
Ps Annual Generation:73 GWh

Kodeni Solar Power Station, is a 38MW solar power plant in Burkina Faso. The solar farm was development by the French IPP, Africa Ren, with funding from European financial institutions, led by FMO Entrepreneurial Development Bank of the Netherlands. Société Nationale d'électricité du Burkina Faso (SONABEL), the state-owned electricity utility company signed a 25-year power purchase agreement (PPA), with Koden Solar SASU, the special purpose vehicle company established by the owners to own, develop, operate and maintain the solar farm.[1] The power station reached commercial commissioning in December 2023.[2]

Location

The development is located near the city of Bobo-Dioulasso, the second-largest city in Burkina Faso.[1] Bobo-Dioulasso is located in the Hauts-Bassins Region of the Houet Province, approximately 356km (221miles) by road, southwest of Ouagadougou, the capital and largest city in the country.

Overview

The power station is under development by Africa Ren, a French IPP headquartered in Paris, France. Africa Ren, the sole owner, has incorporated a subsidiary in Mauritius, Africa Ren Invest Limited, an independent power producer (IPP), that is active in West Africa. Kodeni Solar SASU is a special purpose vehicle company established under Burkinabe jurisdiction to own, develop, operate and maintain this power station.[1]

The energy generated at this plant is sold to SONABEL, the national electricity company of Burkina Faso, for integration in the national power grid. A 25-year power purchase agreement has been signed between SONABEL and the solar farm developers.[1]

Funding

The cost of construction is reported to be €41 million (US$47.7 million). The table below illustrates the funding sources for Kodeni Solar Power Station.[1] [3]

Kodeni Solar Power Station Funding! Rank !! Funder !! Amount € (millions) !! Percentage!!Notes
1 Loan
2 Interact Climate Change Facility (ICCF) Loan
3 Access to Energy Fund (AEF) Loan
4 Africa Ren Equity
Total

Other considerations

The engineering, procurement and construction (EPC) contract was awarded to INEO by EQUANS, a subsidiary of the Engie Group.[1] [4]

Annual energy generation at this power station is calculated at 73 GWh, sufficient to power 115,000 Burkinabe homes. It will also avoid the emission of 41,000 tons of carbon dioxide every year.[4]

One hundred and fifty construction jobs are expected to be created. After construction, thirty-five permanent employees will be required to operate the solar farm.[4]

See also

External links

Notes and References

  1. Web site: Burkina Faso: Africa Ren launches the construction of the Kodeni Solar plant in PPP . Afrik21.africa . 25 October 2021 . Jean Marie Takouleu . 30 October 2021 . Paris, France.
  2. Web site: Burkina Faso: 2 solar photovoltaic power plants (68 MWp) inaugurated in Kodéni and Pâ . Afrik21.africa . 5 January 2024 . Benoit-Ivan Wansi . 5 January 2024 . Paris, France.
  3. Web site: Kodeni Solar SASU . 22 December 2020 . . 30 October 2021 . FMO Netherlands . The Hague, Netherlands.
  4. Web site: Africa REN launches the construction of the largest solar plant in Burkina Faso . African Private Equity and Venture Capital Association (AVCA) . 22 October 2021 . AVCA . 30 October 2021 . London, United Kingdom.