Mogadishu 100 MW Solar Park
Project Description
PROJECT DESCRIPTION:
- Proposed installed capacity 100MWdc solar PV ground mount system
- Expected annual generation: 173,106,000 AC kWh
- Transmission and distribution not included
- Offtaker: local ESP in Mogadishu
- Total area needed: 479,600m²
- The land is secured, located about 30 km north-east of Mogadishu airport and it is available for the project.
- The land space will be allocated as follows:
- 2°08’42.0″N 45°31’57.0″E
- Total avoidance of C02: 6,642,749kg of CO2 per year
PROJECT LOCATION:
Mogadishu City
ACTIONS REQUIRED/ IMPLEMENTATION ARRANGEMENTS/ CONTRACT TYPE:
- Public Private Partnership (PPP) model
- Financed by investors (equity and debt)
- The SPV (special-purpose vehicle/entity) will sign a power purchase agreement with the local ESP at a price of USD 7,5¢/kWh for 25 years
ESTIMATED COST OF THE PROJECT:
USD 99 million
REMARKS:
30% equity
70% investors finance – repayment in 15 years
Please register or login to download this investment project PDF.
REGISTER
Login
Country
Somalia
Location (s)
Mogadishu
Sector
Infrastructure: Transport, Energy, ICT, Mining and Water
Sub Sector
Renewable Energy
Investment Value Range
75-100 million USD
View country profile(s) for investment incentives, success stories and other publications.
Get in Touch
Interested in this project? Please get in touch by filling out the contact form below.
ComesaRIA Investment Map Get In Touch
Investment project information request
"*" indicates required fields
Somalia Investment News
Sorry, we couldn't find any news for this country.
Get in Touch
Interested in this project? Please get in touch by filling out the contact form below.
ComesaRIA Investment Map Get In Touch
Investment project information request
"*" indicates required fields