Essor Solar Project is a 14MW solar PV power project. It is planned in Democratic Republic of the Congo. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2026. Buy the profile here.
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Description
The project is being developed and currently owned by AEE Power, British International Investment and Eranove. The company's ownership stake in the project stands as 33.34%, 33.33% and 33.33% respectively.
Essor Solar Project is a ground-mounted solar project.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2026.
For more details on Essor Solar Project, buy the profile here.
About AEE Power
AEE Power SA (AEE), a subsidiary of Eurofinsa SA, is an EPC contractor and power developer. The company offers transmission, power generation and distribution services. It power generation includes thermal power and geothermal power, hydroelectric power, solar power. AEE provides transmission through a network of high voltage lines and high voltage substations. It provides turnkey construction solutions for the power sector of Africa. The company offers distribution services through medium voltage lines, low voltage lines and public lighting networks, airport runway lighting, catenaries, traction and signaling substations. The company develops, invests, owns and manages power assets under PPP and IPP schemes, with a focus on renewable energy. It operates through its branch offices located in Congo, Angola, Kenya, Zambia, Ghana, South Africa, Namibia, Switzerland, Germany and Liberia. AEE is headquartered in Madrid, Spain.
About British International Investment
British International Investment plc (British International Investment), formerly CDC Group plc, is a financial institution. The company's primary activities include investing patient, flexible capital to support private sector growth and innovation in emerging economies. British International Investment Group operates investment portfolios such as catalyst and growth and a technical assistance portfolio, focusing on creating productive, sustainable and inclusive economies. Its investments in various sectors such as green infrastructure and technology. The company operates in the UK, India, South Africa, Kenya, Pakistan and Bangladesh. British International Investment is headquartered in London, England, the UK.
About Eranove
Eranove SA (Eranove) is a company engaged in providing drinking water and wastewater facilities. Its platform provides public services management, independent water and electricity production. Eranove is headquartered in Puteaux, Ile-de-France, France.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
