Germany’s development bank, KfW, is financing a new mini-grid project in Senegal with a $138.8 million loan.
KfW IPEX-Bank, a subsidiary of German development bank KfW, has provided a 130 million euro ($138.8 million) financing package for the project, which includes 840 kilometers of low-voltage power lines, 25,000 poles and 3,600 LED lights. street lighting.
Asantis System develops and builds mini-grids with the support of the German engineering firm Gauff. They power 24,000 home connections, including five power outlets and high-voltage LED lights in every household. The power range of the mini-grids is 15 kW to 190 kW and all include battery storage.
“The Senegalese government, through ASER, builds the necessary infrastructure in the villages and then hands it over to private operators who are already contractually obligated to ensure the operation and maintenance of the handed over infrastructure,” Gauff’s spokesperson said. pv magazine. – The tariffs are regulated and determined in the respective operator agreements. But the tariffs regulated by the local Senelec can serve as a guide.”
In December 2020, Asantys Systems received the first contract for 120 villages. By the beginning of 2021, it had delivered six pilot villages. According to the International Renewable Energy Agency, by the end of 2022, approximately 263 MW of solar power had been installed in Senegal.