Why is Mali building a new solar power plant?

As Mali grapples with an ongoing electricity crisis that hampers economic growth, transitional President Assimi Goïta laid the foundation stone for a new 200 MW photovoltaic solar power plant. The Russian company NovaWind, a subsidiary of Rosatom, is constructing the plant, marking a significant step in the country’s energy sector.

Why is Mali launching a 200 MWp solar power plant?

Loading... Mali's President Assimi Goïta has launched a 200 MWp solar power plant project with NovaWind, a Rosatom subsidiary, to address the nation's electricity crisis and promote sustainable energy. The €200 million investment aims to supply 10% of Mali's electricity within 12 months.

Which company is constructing a new energy plant in Mali?

The Russian company NovaWind, a subsidiary of Rosatom, is constructing the plant, marking a significant step in the country’s energy sector. In recent weeks, Mali’s transitional government has intensified efforts to implement this solution nationwide.

Who is SolarX?

SolarX was founded by the management team of Omnium Invest, present in Mali for more than 20 years. With an industrial background, our team perceived the opportunity in this emerging market, and chose to serve the C&I space, suffering from low electrification rates and high energy costs.

How much will NovaWind invest in Mali?

NovaWind will invest €200 million in the Mali project, expected to be operational in 12 months. The plant aims to supply 10% of Mali’s electricity. Before the construction commenced, President Goïta met with NovaWind’s Managing Director, Grigory Nazarov, to discuss the project’s progress.

Where is the largest solar power plant in Sub-Saharan Africa?

On May 24, 2024, President Goïta visited Sanankoroba in the Kati Cercle to initiate the construction of the largest solar power plant in sub-Saharan Africa, covering 314 hectares. About thirty kilometers from the capital, Bamako, this project is part of a government partnership with NovaWind.