First Djibouti solar project under construction


Solar panels

from MOHAMED HIRIR in Djibouti, Djibouti
DJIBOUTI, (CAJ News) – CONSTRUCTION work has begun on Djibouti’s multimillion-dollar first solar power plant.

The US$390 million facility is located in Grand Bara, in south of the country.

The solar power project will be built in six stages, each one adding 50 megawatts of power, towards a final capacity of 300 megawatts.

The development of this solar power plant is the result of a partnership between the Republic of Djibouti and Green Enesys, a German company specialising in renewable energy.

The new solar project is part of the government’s strategy to cut the cost of energy and also supports the target to supply all of Djibouti ‘s energy requirements from renewable sources by the next decade.

Currently, sixty-five per cent of the energy used in the Republic of Djibouti comes from a renewable source, the hydropower interconnection with Ethiopia.

Projects to develop wind, geothermal, solar, and wave energy capabilities are all underway in Djibouti.

The geothermal electricity generation programme is a priority for the government and its potential is acknowledged as one of the highest in the world.

Energy demand is expected to rise significantly in Djibouti over the coming years as it undertakes a major investment programme in core infrastructure projects to support its position as a maritime and regional logistics hub with the International Monetary Fund recently projecting economic growth reached 6,5 percent in 2015, and is estimated to be at the same level in 2016.

Meanwhile, between 150 and 200 direct and indirect jobs will be created during the construction phase.

When operational, the solar power plant will employ 60 people on a full-time basis.

– CAJ News





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Posted by on Jan 19 2016. Filed under Africa & World, Energy, Featured, Finance, Finance & Banking, Investing, News, Regional, Solar & wind. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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