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ADB approves €48,82 million for solar generation in Burkina Faso

Christian Fernsby |
The Board of Directors of the Bank has approved a €48,82 million loan to the Government of Burkina Faso for the Yeleen solar plant, intended to boost national power supply.

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Yeleen, which is to be implemented under the Bank’s Desert to Power (DTP) Initiative, and which will span a period of five years from 2020-2024, is the second project under the DTP initiative in Burkina Faso.

The total project cost is estimated at €136.69 million.

The rest of the financing for Yeleen is provided by Agence Française de Développement (AFD), European Union (EU), and Société Nationale d'électricité du Burkina Faso (SONABEL).

The electricity access rate in Burkina Faso is one of the lowest in Africa at around 21% at national level in 2018.

Upon completion, the project will increase and diversify electricity supply through the construction of four new 52 MWc photovoltaic (PV) plants and extend power distribution networks to connect 30,000 new households, or about 200,000 people.

It will also contribute to the avoidance of 48,000 tCO2eq emissions annually.

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