Axian Energy begins construction of 60 MW solar power plant in Senegal

Axian Energy has launched work on the NEA Kolda solar plant, equipped with a 72 MWh storage system, for a total investment of €105mn ($113.6mn).

Partagez:

Axian Energy has initiated construction of the NEA Kolda solar power plant, located in Tankanto Escale in the Kolda region of southern Senegal. The project includes an installed capacity of 60 megawatts (MW) and a battery energy storage system (BESS) with a capacity of 72 megawatt-hours (MWh). The facility aims to strengthen electricity supply for around 235,000 people.

A response to Senegal’s energy ambitions

The project supports Senegal’s national strategy to reach 40% renewable energy in its power mix by 2030. With integrated storage, NEA Kolda is expected to enhance the stability of the national grid, particularly during peak demand. Its location in the Casamance region aligns with efforts to decentralise energy infrastructure.

Financing structured around institutional investors

In October 2024, three institutions provided €84mn ($90.9mn) in financing for the project: the Emerging Africa & Asia Infrastructure Fund (EAAIF), the Netherlands Development Finance Company (FMO), and the German Investment and Development Corporation (DEG). The total investment cost stands at €105mn ($113.6mn). The Voltalia–Entech consortium was selected to build the generation and storage infrastructure.

Construction project to engage local workforce

The plant’s construction will involve around 400 workers from the Kolda region, enhancing local employability. Axian Energy stated that recruitment will cover both the construction phase and the future operational phase.

Parallel rollout of social initiatives in the region

Alongside the energy deployment, Axian Energy has committed nearly CFA2bn ($3.26mn) to social programmes. These include agricultural training, livestock support, the construction of a maternity centre, and sports infrastructure. The company’s approach is structured around five areas: health, education, local economy, culture, and climate adaptation.

Cross-sector partnerships for sustainable impact

The programme also features financial management training and entrepreneurship support, particularly targeting women and youth. The agricultural sector has received technical training, seed assistance, and the development of access routes. These efforts aim to support an integrated territorial economy.

The Kuwait Authority for Partnership Projects has launched the tender for the 1.1 GW Al Dibdibah and Al Shagaya Phase III Zone 1 solar project, targeting pre-qualified international companies and consortia.
T1 Energy commits $850 million to build a five-gigawatt photovoltaic facility in Texas, selecting Yates Construction and benefiting from local tax incentives, with 1,800 jobs anticipated by the end of 2026.
The German solar developer has completed the 90-megawatt-peak Postomino photovoltaic park in north-western Poland, integrating it with an existing wind farm’s high-voltage line in a cable-pooling arrangement set to supply electricity to about 32,000 homes.
Scatec ASA finalises financing for its hybrid solar-battery Obelisk project in Egypt, securing $479.1 million from international financial institutions for a planned capacity of 1.1 GW solar and 100 MW storage.
The 800 MW Horizeo photovoltaic project spanning 680 hectares in Gironde awaits governmental authorization linked to France’s Zero Net Artificialization (ZAN) objective to advance permits submitted in early 2024.
Global photovoltaic tracker shipments rose 20% in 2024, driven by India and Saudi Arabia, pushing the United States to a less dominant market position.
Chinese manufacturer Astronergy will supply its ASTRO N8 photovoltaic modules for a solar project developed in Spain by engineering firm GES Siemsa, marking a strategic advance in the European market.
SMEG and the City of Mâcon have started construction of a 6 MWc solar power plant on a former landfill site, with commissioning scheduled for early 2026.
Producer Corsica Sole is inaugurating a 5.4 MWc photovoltaic plant in Cirey-sur-Vezouze on a former industrial site, with 8,700 panels and an estimated annual output of 6.1 GWh.
The Kashgar region has connected over 10 GW of solar projects to the grid, representing more than three-quarters of its total power capacity, initiating the development of a new power system in southern Xinjiang.
U.S.-based Soltage raises $260mn to support the construction of 250 MW in solar and storage projects within a development pipeline exceeding 2 GW.
Origis Energy has closed financing for the Wheatland project in Indiana as part of a $530mn portfolio, in partnership with MUFG and several financial institutions.
Germany’s solar capture price fell to a five-year low in May, driven by rising negative price hours and excess photovoltaic capacity.
Albioma Solaire Guyane has commissioned five photovoltaic plants totalling 1.4 MWc, spread across Mana and Macouria, to strengthen local electricity supply in a region isolated from the national grid.
South African group NOA and Standard Bank have finalised the financing of the 349 MW Khauta South solar site, now the largest developed on a single site in South Africa.
Enfinity Global signed new power purchase agreements for a 420 MW solar portfolio with a US technology company operating in Italy, reinforcing its position in the Italian energy market.
The American solar sector saw strong industrial growth in Q1, but tax and trade uncertainties could hinder its momentum and affect local investments.
Global solar leaders doubled shipments in one year, but combined losses of $4 billion highlight intense margin pressure in the sector.
Growth in the U.S. solar sector is expected to slow by 2030 due to political shifts in Washington directly impacting tax incentives and imposing tariffs on essential materials, creating sectoral uncertainty.
The $176 million agreement between Pine Gate Renewables and Waaree Solar Americas strengthens the US solar supply chain with locally manufactured modules.