France grants €39mn loan for ten solar power plants in Mauritania

French public funding will support the construction of ten solar power plants with storage in Mauritania, as the country works to expand its grid to reach universal electricity access by 2030.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Islamic Republic of Mauritania signed a financing agreement with the French Republic in late November to support the construction of new electrical infrastructure. The concessional loan, worth over €39mn ($42.2mn), will enable the installation of ten solar power plants equipped with storage systems. The agreement was signed in Nouakchott by Mauritania’s Minister of Economic Affairs and Promotion of Productive Sectors and the French Minister Delegate for Foreign Trade and Attractiveness. No information has been provided regarding the total production capacity or specific plant locations.

A national strategy based on renewables

The agreement forms part of the national plan targeting universal electrification by 2030. The Mauritanian government aims to connect an additional 3.4 million people, requiring a 66% increase in current production capacity. The country plans to raise the share of renewable energy in its electricity mix to 70%, up from 44.36% in 2023. Annual electricity production stood at 1.66 TWh, with an installed capacity of 615.1 MW.

To support this transition, the authorities have introduced a new electricity code. It restructures the sector around regulation, opens direct electricity sales to competition, and boosts rural electrification. Regional disparities remain significant: while electricity access reaches 91% in urban areas, it is limited to 6% in rural zones.

Favourable but underutilised natural resources

Mauritania benefits from strong solar and wind energy potential. Solar irradiation ranges between 2,000 and 2,300 kWh/m²/year, while coastal areas, especially around Nouadhibou, enjoy steady winds suitable for power generation. Despite this potential, the country ranked 29th in Africa in electricity production in 2023, according to estimates by the International Energy Agency (IEA).

Funding target by 2030

The government aims to mobilise up to $2.45bn to fund its power sector. This French financial support adds to partnerships already in place with international donors. Several multilateral institutions, development agencies and private operators are being engaged to help modernise the grid and expand renewable energy supply, particularly in rural areas.

Universal electricity access remains a structural challenge in a country where unmet energy needs still limit industrial capacity and service sector growth.

T1 Energy will supply Treaty Oak with 900MW of solar modules over three years, leveraging domestically produced cells from Austin to meet increasing regulatory requirements.
Solarpro commissions Hungary’s largest photovoltaic plant using 700,000 advanced modules supplied by LONGi, with an expected annual output of 470 GWh.
UK-based manufacturer Awendio Solaris plans to build a 2.5 GW solar industrial platform, expandable to 5 GW, in Quebec, targeting North American markets with a 100% regional supply chain.
Technique Solaire has secured €40mn ($43.5mn) in junior debt from BNP Paribas Asset Management to structure two solar portfolios totalling 392 MWp across France, Spain and the Netherlands.
EDF Power Solutions UK has appointed METLEN to lead engineering and construction for the 400MW Longfield solar farm in Essex, with commissioning scheduled for 2030.
Independent power producer Neoen has secured six agrivoltaic projects totalling 124 MWp, reinforcing its position as the leading winner in French solar tenders since 2021.
As the photovoltaic industry enters a phase of deep restructuring, the duel between TOPCon 4.0 and heterojunction technologies is redefining manufacturers’ margins. In 2026, reducing production costs becomes the primary strategic lever for global market leaders.
JA Solar and Trinasolar top Wood Mackenzie’s latest semiannual ranking despite a sector-wide net loss of $2.2 billion. Industrial leaders are strengthening their grip on global photovoltaic module supply through rigorous financial discipline.
BayWa r.e. has finalised the sale of a 46 MW floating solar park, the country’s largest, to a Dutch public-local consortium, marking a new step in the decentralised structuring of the solar market in the Netherlands.
The ATUM Solar industrial complex, located in Ain Sokhna, will include three factories—two of 2 GW capacity—backed by a $220mn investment from an international consortium.
AMEA Power has completed the commercial commissioning of a 120 MWp solar project in Kairouan, marking a national first in Tunisia for a renewable energy installation of this scale.
The Gerus plant becomes the first solar installation in Namibia to sell electricity directly on the Southern African Power Pool regional market.
Japanese conglomerate Tokyu teams up with Global Infrastructure Management and Clean Energy Connect to build 800 low-voltage solar plants totalling 70MWDC, under an off-site power purchase agreement for its facilities.
T1 Energy has begun construction of a solar cell facility in Milam County, Texas, representing an investment of up to $425mn, aimed at strengthening U.S. industrial autonomy in the photovoltaic supply chain.
Pivot Energy has secured $225mn in funding from three banking partners to support a portfolio of 60 community solar power plants across nine US states.
Voltalia has started building a 43-megawatt hybrid plant in Sainte-Anne, combining solar, battery storage and bioenergy to meet growing electricity demand in western French Guiana.
Masdar’s exit ends ReNew Energy's privatisation attempt, despite offer rising to $8.15 per share.
California surpassed 52.3% of electricity from renewables and large hydro in 2024, marking a major energy milestone while increasing pressure on storage, permitting and curtailed production.
European Energy France has secured two wins in tenders issued by the French Energy Regulatory Commission for its agrivoltaic parks in Saint-Voir, with a combined capacity of 14.3 MWp and commissioning expected by late 2027.
TotalEnergies will supply Google with 1TWh of renewable electricity from a 20MW solar plant in Malaysia under a 21-year power purchase agreement.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.