Chad: AfDB funding for Djermaya solar plant
Issue 401
- 11 Oct 2019
| 1 minute read
The Board of Directors of the African Development Bank (AfDB) on 26 September approved a loan of €18m ($20m) and a partial risk guarantee for the 32MWp first phase of the Djermaya solar PV plant. The plant, Chad’s first utility-scale renewable power plant and first public-private partnership in the power sector, will be built at a site 30km north of N’Djamena by a developer consortium of Aldwych International, working on behalf of InfraCo Africa, and France’s Smart Energies.
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