Climate Fund Managers, Senegal's ERS team up on solar-storage plant project

Climate Fund Managers (CFM) has signed an agreement with Senegalese firm Energy Resources Senegal (ERS) to jointly develop a solar-plus-storage project in Niakhar, Senegal.

The project will pair a 30-MW solar photovoltaic (PV) farm with a 15-MW/45-MWh battery system, the combination that is set to become Senegal’s first hybrid solar power plant with significant storage, the climate-focused investor said.

ERS, a Senegalese energy developer and producer, is promoting the Niakhar project. With CFM, it will develop, build, own and operate the future plant. CFM said that it will act as environmental and social (E&S) and technical advisor throughout the development process.

“We are excited to partner with ERS and deliver a first of its kind renewable solution to the Senegalese energy market. The ERS team have an ambitious pipeline of projects that strongly align with Climate Investor One’s key objectives. This initial project with ERS will serve clean power to over 150,000 people,” said Sebastian Surie, CFM’s regional head for Africa.

ERS has a target to deliver 500 MW of diverse types of energy projects by 2025.

Choose your newsletter by Renewables Now. Join for free!