GAMBIA RENEWABLE ENERGY FRAMEWORK

Promoteur – Intermédiaire Financier

NATIONAL WATER AND ELECTRICITY COMPANY LTD

Lieu

• Gambie

Description

The project will consist of three components: (1) a grid-connected photovoltaic (PV) power plant with a total installed capacity of 10 MW including an associated battery energy storage Ssation (BESS), (2) a number of off-grid PV and BESS units for rural health clinics, secondary schools and food manufacturing and storage facilities and (3) power grid reinforcement investments to improve security of supply, reduce technical losses and increase its renewable energy take-up capacity.

Objectifs

The development of solar PV energy in The Gambia contributes to EU and national targets for renewable energy generation and the Bank's renewable energy and energy efficiency and climate objectives. It is consistent with the objectives of the Cotonou Agreement, and in line with the Bank's policies of supporting renewable energy development and combating climate change. Improving energy infrastructure is consistent with the EU "Agenda for Change" policy, which identifies energy as an essential driver of economic growth. The project will contribute to reducing the existing electricity supply gap in The Gambia using sustainable solar energy resources.

Secteur(s)

• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné

Montant BEI envisagé (montant approximatif)

EUR 102 million

Coût total (montant approximatif)

EUR 141 million

Aspects environnementaux

Details of the environmental impact assessment (EIA) procedures will be reviewed during appraisal, in particular the procedures for ensuring compliance with the EIB's standards and with the principles of EU directives.

Passation des marchés

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Statut

Signé - 27/12/2018