Burkina Faso Advances Solar Initiative With €45.7 Million Loan From China's Export-Import Bank - News Summed Up

Burkina Faso Advances Solar Initiative With €45.7 Million Loan From China's Export-Import Bank


The transitional parliament of Burkina Faso has granted its endorsement to a conventional loan deal totaling €45.7 million with the Export-Import Bank of China. This financing will be used for the development of the Donsin solar power plant and its accompanying electricity storage system. The initiative, greenlit by the Council of Ministers on February 9, 2024, under the leadership of President Ibrahim Traoré, entails the establishment of a 25 MWp solar power plant at Donsin airport site in the Loumbila district of central Burkina Faso. As of 2023, the Burkina Faso National Electricity Company (SONABEL) had anticipated importing 300 MW from Ivory Coast and Ghana to meet electricity demands. The completion of the Donsin solar power plant, expected within 15 months, is poised to bolster Burkina Faso’s energy autonomy.


Source: The North Africa Journal May 09, 2024 11:40 UTC



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