Vast solar investment opportunities in Senegal, Ivory Coast and Myanmar

SolarPower Europe’s Emerging Markets Task Force publishes new reports

At Intersolar Europe, SolarPower Europe’s Emerging Markets Task Force, led by Eni, launched three new reports that explore solar opportunities in Senegal, Ivory Coast and Myanmar.

Commenting on the reports, Stefano Mantellassi, Vice-President of Eni Energy Solutions and Chair of the Emerging Markets Task Force, said: “I am very pleased with the tremendous progress made with the work of the Task Force, which is proceeding at full steam, covering an increasingly wide range of promising markets. For 2019, we have agreed on an ambitious action plan. We will continue with country-specific analysis but we will also work on transversal issues impacting the deployment of solar globally, such as digital innovation, new business models and quality standards for solar installations. By also collaborating with the European Commission, Get.Invest and IRENA, the TF will continue to foster business-to-business cooperation and engagement with local governments to untap the potential of solar globally.”

The new reports were authored by Emerging Markets Task Force members FinerGreen and ABO Wind.

Commenting on the Senegal report, Damien Ricordeau, Founder and CEO of Finergreen said: “Senegal is leading the solar PV sector in Sub-Saharan Africa, thanks to over 120 MW installed capacity. As the grid is strengthening and access to electricity remains low, it creates a good opportunity for solar home systems and minigrids. A competitive process, such as Scaling Solar, is a great success and we can anticipate that the country will embrace new solar PV opportunities”.

Ricordeau continued “Ivory Coast has ambitious plans to develop 400 MW of solar by 2030 and shows strong potential for the development of solar energy, especially in the northern part of the country. Additional solar PV contracts should be awarded on a competitive basis over the next couple of years.”

For more information
Kristina Thoring – Communications Director
T: +32 2 709 55 26

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