Abidjan, 27 Sept 2024 – Independent renewable energy company Qair announces today the approval by the African Development Bank Group’s Sustainable Energy Fund for Africa (SEFA) of a €6 million concessional financing package, for the completion of a 18 MW solar power plant in Dédougou, Burkina Faso.
This financing by SEFA, a special multi-donor fund managed by the Bank, supports the bank’s Desert-to-Power initiative, which seeks to generate 10 gigawatts of solar energy across 11 countries in the Sahel by 2030, fostering socio-economic progress.
For this project, which is expected to contribute to the country’s energy security and diversification of the energy mix, all the while reducing electricity costs, is secured by a 25-year Power Purchase Agreement (PPA) with the Société Nationale d’électricité du Burkina Faso (SONABEL).
“The Dédougou Solar PV project increases Burkina Faso’s renewable energy generation capacity in line with the objectives of the Desert-to-Power Initiative. By backing projects like this, we are making tangible strides toward electrifying the Sahel, bolstering energy security, and improving the lives of millions” said Dr. Daniel SCHROTH, Director of the Renewable Energy and Energy Efficiency Department at the African Development Bank
“We are pleased with this approval by SEFA and thank the AfDB for their support of the project. This allows us to move forward with our commitment to supporting Burkina Faso’s energy goals by developing a second solar plant, just a year after the successful commissioning of Zano. This achievement aligns with the country’s ambitions for energy supply and reinforces Qair’s vision of becoming a leading player in Africa’s renewable energy sector in the coming years” said Abdoulaye Toure, CFO at Qair Africa.
About Qair in Africa
With over 15 years of presence on the continent and teams established across North, Central, and West Africa, as well as the Indian Ocean, Qair is a pioneering force in Africa’s renewable energy transition. Currently operating 85 MW of installed capacity, the group is developing a robust pipeline of over 2 GW spanning solar, wind, and hybrid technologies—aiming for 1 GW by 2030 and a leadership position in Africa’s energy transition.
By combining technical innovation with deep local engagement, Qair delivers clean, affordable, and reliable electricity while fostering local employment, training, and sustainable economic growth across the continent. Our projects are designed to address the unique challenges of each region, ensuring resilient and inclusive energy solutions that drive progress.
More information on Africa.qair.energy
About Qair
Qair is an independent renewable energy company developing, financing, building, and operating solar, onshore and offshore wind, hydroelectric, tidal energy, energy from waste, renewable hydrogen production and storage projects.
With more than 1.7 GW of capacity in operation or construction, the group’s 780 employees are developing a portfolio pipeline of 34 GW in 20 countries across Europe, Latin America and Africa. Our ambition is to become an independent leader in responsible energy.
For media inquiries, please contact:
- Media Relations : press@qair.energy | +33 (0)1 79 35 67 11