Senegal achieves remarkable 3.8€¢ tariff with Scaling Solar
April 5, 2018. Senegal’s Electricity Sector Regulatory Commission (CRSE) has announced the winning bidder under the country’s Scaling Solar program.
In total, CRSE received 14 bids from 8 of the 13 qualified bidders for both locations.
ENGIE/MERIDIAM was selected as the winner for both projects with a total capacity of 60MWac, based on the following energy prices:
- €¢3.98/kWh (XOF 26.1/kWh) for the solar plant located in Touba
- €¢3.80/kWh (XOF 24.9/kWh) for the solar plant located in Kahone
Complete results of the tender can be found on CRSE’s website.
After the record-low results of Scaling Solar’s first mandate in Zambia, this is another breakthrough for the program as these prices are approximately 60% lower than the solar contracts previously agreed in Senegal. This demonstrates that Scaling Solar’s innovative approach to bringing investors and governments together in a transparent, streamlined, and competitive process leads to successful deals that will provide clean, affordable energy for Africa.