French renewable energy services and energy efficiency solutions company, GreenYellow, has been awarded a contract to build a 1.56MWp solar energy system for Senico, a major player in the food industry in Senegal. The renewable energy facility is set to be the largest self-generation solar plant in Senegal.
The plant will be located on a strategic site in the new town of Diamniadio, on the motorway between Dakar and Blaise Diagne International Airport. GreenYellow will be responsible for the development and installation of the solar energy generation facility.
“GreenYellow is proud to support Senico in its ecological transition by providing it with environmentally friendly energy solutions that will enable it to produce and consume green electricity thanks to the largest self-consumption solar photovoltaic plant in Senegal,” said Otmane Hajji, President of GreenYellow.
In order to further support Senico in achieving its environmental objectives and to provide an increased supply of green energy, expansion projects are already being considered and GreenYellow hopes to be able to sign another contract with a second industry leader in the near future.
The French energy company says the signing of this new project helps it advance its ambitions to consolidate its position as a major player in the solar photovoltaic and green energy market in Africa. The project also confirms the development of GreenYellow’s business on the continent and firmly anchors its presence in the territory.
At the end of March 2021, GreenYellow had developed about 355 MWp of photovoltaic capacity, of which 184 MWp is equity owned. The French energy company has nearly 2,600 energy performance contracts for a volume of 855 GWh per year, of which 511 GWh is equity owned, and was managing more than 2.9 TWh of energy for its customers.
The potential for African commercial and industrial (C&I) solar energy sector is significant with many investors optimistic about the prospects of the sector. Based on data collected by Africa Solar Industry Association (AFSIA), the C&I sector could account for about 30-40% of all planned solar capacities to be installed in the medium to immediate term.