Gafsa Solar Park is a 120MW solar PV power project. It is planned in Gafsa, Tunisia. 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 2024 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 ENGIE Africa and Nareva Holding. The owners have 50% stake in the project respectively.
Gafsa Solar Park is a ground-mounted solar project.
The project is expected to supply enough clean energy to power 100,000 households, to offset 150,000t of carbon dioxide emissions (CO2) a year.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
Power purchase agreement
The power generated from the project will be sold to Societe Tunisienne de l'Electricite et du Gaz under a power purchase agreement. The power will be sold at the rate of $0.027kWh for a period of 20 years. The capacity to be procured is 100MW.
For more details on Gafsa Solar Park, buy the profile here.
About Nareva Holding
Nareva Holding SA (Nareva Holding), a subsidiary of Societe Nationale d'Investissement S.A. is an energy company. It operates multiple wind farm projects. The company also carries out the construction of coal-powered electricity generation units. Nareva Holding is headquartered in Casablanca, Morocco.
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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.
