Who is backing Guinea-Bissau's solar project?
The West African Development Bank is backing the project with a $42.9 million loan. Guinea-Bissau relies on fossil fuels and solar has seen limited development, with the exception of rural electrification initiatives. The nation has one of the lowest electrification rates in Africa, as well as electricity prices among the highest on the continent.
Who will build Guinea-Bissau's first PV plant?
The African Biofuel and Renewable Energy Co (Abrec), which promotes renewables and energy efficiency across the continent, has awarded the contract to build Guinea-Bissau’s first large scale PV plant to state-owned Chinese hydropower business Sinohydro.
How much energy does Guinea-Bissau use?
As a result, around 95% of the energy consumed in Guinea-Bissauan households comes from biomass. The African Development Bank recently stated Guinea-Bissau has only 11 MW of installed power generation capacity, almost all of it thermal generation.
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