Kodeni Solar Power Station, is a solar power plant in Burkina Faso. The solar farm was development by the French IPP, Africa Ren, with funding from European financial institutions, led by FMO Entrepreneurial Development Bank of the Netherlands. Société Nationale d'électricité du Burkina Faso (SONABEL), the state-owned electricity utility company signed a 25-year power purchase agreement (PPA), with Koden Solar SASU, the special purpose vehicle company established by the owners to own, develop, operate and maintain the solar farm. The power station reached commercial commissioning in December 2023.
Location The development is located near the city of Bobo-Dioulasso, the second-largest city in Burkina Faso. Bobo-Dioulasso is located in the Hauts-Bassins Region of the Houet Province, approximately by road, southwest of Ouagadougou, the capital and largest city in the country.
Overview The power station is under development by Africa Ren, a French IPP headquartered in Paris, France. Africa Ren, the sole owner, has incorporated a subsidiary in Mauritius, Africa Ren Invest Limited, an independent power producer (IPP) that is active in West Africa. Kodeni Solar SASU is a special purpose vehicle company established under Burkinabe jurisdiction to own, develop, operate and maintain this power station.
The energy generated at this plant is sold to SONABEL, the national electricity company of Burkina Faso, for integration in the national power grid. A 25-year power purchase agreement has been signed between SONABEL and the solar farm developers.
Funding The cost of construction is reported to be €41 million (US$47.7 million). The table below illustrates the funding sources for Kodeni Solar Power Station.
+ Kodeni Solar Power Station funding Rank Funder Amount € (millions) PercentageNotes 1 FMO (Netherlands) Loan2 Interact Climate Change Facility (ICCF) Loan3 Access to Energy Fund (AEF) Loan4 Africa Ren Equity Total
Other considerations The engineering, procurement and construction (EPC) contract was awarded to INEO by EQUANS, a subsidiary of the Engie Group.
Annual energy generation at this power station is calculated at 73 GWh, sufficient to power 115,000 Burkinabe homes. It will also avoid the emission of 41,000 tons of carbon dioxide every year.
150 construction jobs are expected to be created. After construction, 35 permanent employees will be required to operate the solar farm.
See also
List of power stations in Burkina Faso Tenkodogo Solar Power Station
References
External links Africa REN starts construction for 38MW Burkina Faso solar project As of 25 October 2021.