In a pivotal move to bolster Burkina Faso’s electricity supply strategy, the Minister of Energy, Mines, and Quarries, Simon-Pierre BOUSSIM, and Serge CONSEIGA, General Director of Energie Plus, sealed an agreement for the construction of a 50-megawatt peak (50 MWp) solar power plant in the commune of Komsilga, Burkina Faso.
Expressing his elation, Serge CONSEIGA emphasized the significance of this milestone in supporting the government’s efforts to enhance the country’s electricity provision. The construction of the solar power plant is anticipated to substantially boost the electricity supply for the Burkinabè populace and position Burkina Faso as a key player in the realm of sustainable development.
Serge CONSEIGA highlighted that the project aims to fortify the contribution of renewable energies to Burkina Faso’s energy mix, marking a crucial step towards a more sustainable and environmentally friendly energy landscape. Considered as the initial stride, the company, Energie Plus, envisions progressing swiftly with the project, with the aspiration to bring reliable electricity to meet the needs of the local communities in the coming months.
This initiative signifies Burkina Faso’s commitment to embracing clean energy solutions, fostering economic growth, and improving the lives of its citizens through enhanced access to electricity.
WASHINGTON, June 21, 2021 — The World Bank Board of Executive Directors today approved financing totaling $75 million from the International Development Association (IDA)* and $93 million from the Clean Technology Fund via the Sustainable Renewables Risk Mitigation Initiative (SRMI) to help increase access to electricity in rural areas in Burkina Faso, and support the country transition to clean energy.
Maimouna Mbow Fam, World Bank Country Manager for Burkina Faso, says that "this new project is fully in line with our Sahel strategy to double electricity access rates by 2025, particularly in rural areas, and create conditions for more private financing in the energy sector. The project supports the government''s energy policy, which has for years sought to promote a hybrid system of energy production, particularly solar energy.
According to Alexis Madelain, World Bank Task Team Leader for the project, "this new operation will help Burkina Faso mobilize more than $400 million in private investment in solar production and innovative battery storage systems. It will also boost the country''s solar potential, reduce electricity supply costs, and thus expand access to electricity services in rural areas, without increasing recurring subsidies for the sector."
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