Page 19 - AfrElec Week 46 2022
P. 19

AfrElec                                       RENEWABLES                                             AfrElec


       Millennium Challenge





       Corporation to suppport





       off-grid in Benin







        BENIN            BENIN is to get a large-scale off-grid power  giant EDF and Paris-based asset manager
                         project, following backing by US government  Meridiam.
                         agency Millennium Challenge Corporation,   With the backing of Millennium Challenge
                         Bloomberg has reported.              Corp, NEoT Offgrid Africa will build a 1.7MW
                           The project will be the first of its kind in fran-  solar power project, with 3 MWh of battery
                         cophone West Africa.                 capacity. It is due to be completed within a year
                           The initiative, which will cost $8.8mn, is a  and is being seen as a pilot project for future reg-
                         battery and solar project that will electrify 12  ulated off-grid electrification in Benin.
                         rural villages and power more than 5,000 homes   The project will be developed by GDS Inter-
                         and businesses.                      national and will be co-constructed by GDS
                           The off-grid power project is to be co-fi-  International and ARESS, under the joint ven-
                         nanced by NEoT Offgrid Africa, an energy  ture name Les Soleils du Bénin.™
                         investment platform founded by French energy

       Conenergy invests in





       Morocco-UK developer Xlinks







        MOROCCO          GERMAN energy consultant Conenergy plans  nearly 20 hours per day by 2030.  
                         to invest in the Morocco-UK marine cable pro-  UK energy experts, engineers, and contrac-
                         ject Xlinks, which aims to supply the UK exclu-  tors work jointly with their Moroccan counter-
                         sively with renewable energy, according to a  parts. Xlinks has said it could finish the project
                         statement from the firm on Monday (November  by 2030. 
                         14).                                   Last week, Morocco signed MoU agreements
                           The size of the investment and the plan details  with France, Germany, Portugal, and Spain to
                         were not made public.                support the integration of green electricity mar-
                           The 10GW Xlinks facility, the largest of its  kets in Europe within its efforts to mitigate cli-
                         kind in the world, will provide green energy  mate change.
                         through four 3,800 km submarine HVDC –   The agreements were signed in Egypt’s Sharm
                         high-voltage, direct current – cables enough  El Sheikh on the sidelines of the UN climate
                         to cover energy needs for 7mn UK homes for  summit COP 27. ™


















       Week 46  16•November•2022                www. NEWSBASE .com                                             P19
   14   15   16   17   18   19   20   21   22   23   24