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January 31, 2022

Khoumagueli Solar PV Park, Guinea

By Carmen

Khoumagueli Solar PV Park is a 40MW solar PV power project. It is planned in Kindia, Guinea. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 40 40 Permitting Kindia, Guinea Aldwych Africa Developments; Solveo Energie

Description

The project is being developed by Aldwych Africa Developments and Solveo Energie. Solveo Energie and InfraCo Africa are currently owning the project having ownership stake of 55% and 45% respectively.

Khoumagueli Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $63.393m.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

Power Purchase Agreement

The power generated from the project will be sold to Electricite De Guinee under a power purchase agreement for a period of 25 years.

About Aldwych Africa Developments

Aldwych Africa Developments Ltd (Aldwych), a subsidiary of Aldwych International Ltd, is an energy company that develops and operates power generation, transmission and distribution projects in Africa. The comapny’s project portfolio includes solar photovoltaic power plant Djermaya Solar. It develops its projects based on renewable and fossil fuel based technologies. Aldwych works in collaboration with development finance institutions, host governments, local partners and utilities for the development of power projects. Its partner portfolio comprises Private Infrastructure Development Group (PIDG), Harith General Partners and InfraCo Africa, among others. The company has operations in Kenya and the UK. Aldwych is headquartered in Nairobi, Kenya..

About Solveo Energie

Solveo Energie, is provides renewable energy project development that offers installation, development, research, construction, operation, and maintenance of solar and wind energy. The company is headquartered in France.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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