Solar energy for businesses n djamena

Located 30 km north of the country''s capital, N''Djamena, the Djermaya Solar project has been developed by InfraCo Africa, through Anergi Africa Developments Ltd (AADL), with its partner Smart Energies. Denham Capital recently entered the project as long-term investors through Neo Themis.

Paromita Chatterjee, an Investment Director at EAIF said, "The Djermaya project is particularly significant because it is pioneering renewable energy and battery storage in Chad. Its key strategic function is to help Chad unlock the country''s economic potential and to fly the flag for more green energy projects in the country."

Ariane Ducreux, Director of Proparco''s Energy, Digital and Infrastructures Division said "Proparco is pleased to support the Djermaya Project which contributes to the energy transition by adding renewable power capacities and addressing the growing demand for energy in Chad, which is amongst the priority countries for Proparco and AFD Group. This project is the Group''s first project in Africa to integrate a storage system, ensuring proper integration of intermittent solar energy into the N''Djamena electricity grid."

Djermaya Solar also benefits from strong support from the Government of Chad and the project company, Djermaya CDEN Energy (DCE), has signed a 20-year Power Purchase Agreement with SNE to supply Chad''s national electricity utility. The Government of Chad and DCE have also signed a Put and Call Option Agreement and a Fiscal and Customs Agreement as part of the project financing approach required to commence construction in early 2022. Djermaya Solar is expected to begin delivering power to Chad''s national grid in 2023.

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