Africa’s energy transition gains traction as Siemens Gamesa introduces renewable energy in Djibouti
The project is Siemens Gamesa’s first in Africa with the leadership and participation of an African investor
DJIBOUTI CITY, Djibouti, February 25, 2020/ -- The 59 MW wind farm built by Siemens Gamesa (https://www.SiemensGamesa.com/) will almost double the country’s current installed power generation
capacity; Project will help reduce the cost of electricity, increase
energy independence and decrease the country’s CO2 emissions; First Siemens Gamesa project with the participation of an African investor.
Energy access rates and reliability in Africa are the lowest in the
world and electricity costs are among the highest. In line with its
commitment to deliver cleaner, more reliable and affordable energy in
Africa, Siemens Gamesa has sealed a contract to build the first
renewable energy installation in the Republic of Djibouti.
Despite high resource potential in Djibouti and opportunities for
cross-border export, there are still 110,000 households in the country
without access to power. With a capacity of 59 MW, this new wind farm
will almost double the current installed power generation capacity in
the country, all of which currently comes from fossil fuel sources.
The new installation, part of an expanding national renewable energy
development programme, will enable clean energy supply, decrease the
cost of electricity and allow the 940,000 population of Djibouti and its key industries to strengthen its electrical independence and economic
development.
“Access to affordable energy is key to supporting long-term
sustainability and economic growth. Industrialization, agricultural
improvement or even the expansion of municipal water systems depend on
reliable and cost-effective energy access,” explained Markus Tacke, CEO
of Siemens Gamesa. “This project is another step in Siemens Gamesa’s
commitment to shaping a sustainable future for Africa.”
The 17 SG 3.4-132 wind turbines will be installed near the Goubet cove
in the Gulf of Tadjoura, on a 395-hectare site in Djibouti. The wind
farm electricity interconnection solution, the civil works and ten
kilometres of internal road and tracks will be built as part of project. Siemens Gamesa will also provide maintenance to the wind farm, which is scheduled to be operational in mid-2021, for a minimum of ten years,
with the option to renew. The electricity generated will be sold by the
consortium to Electricité de Djibouti, the national power generation
company, for a period of 25 years.
The project is Siemens Gamesa’s first in Africa with the leadership and
participation of an African investor. A consortium of four entities are
leading its development: Africa Finance Corporation, the Dutch
development bank FMO, Climate Investor One (Dutch investment funds in
green energy in Africa, Asia and Latin America) and local company Great
Horn Investment Holdings SAS. The project is covered by MIGA, the World
Bank’s Multilateral Investment Guarantee Agency.
“We believe that this project is the beginning of a new partnership and
we will be relying on Siemens Gamesa’s extensive experience in the
region to deliver on the project within the stipulated timeframe,” says
Osaruyi Orobosa-Ogbeide, Vice President Project Development &
Investments at the Africa Finance Corporation.
Renewable energy, key for African development
Fast growing economies and high population growth are increasing energy
demand in Africa. Wind energy has the potential to play an important
role in powering Africa’s growth, including job creation and expanding
its industrial sector. Many countries now have ambitious renewable
energy plans in place such as Egypt, which aims to source 20% of the
total generated electricity from renewable energy by 2020, or Morocco
ambition to have 52% renewable use by 2030. Meanwhile, South Africa's
wind power market is expected to rebound following the finalisation of
the Integrated Resource Plan. The country plans to install over 10 GW of wind power by 2030.
Siemens Gamesa is leading this energy transition. The company continues
to strengthen its position as the number one in the continent’s wind
power market, where it has already installed projects in Egypt, South
Africa, Morocco, Kenya, Mauritania, the Mauritius Islands or Algeria,
representing 55% of all wind power on the continent. Its blade factory
in Tangier (Morocco) represents a major commitment to the sustainable
future of the entire region, being the first blade plant of a wind
turbine manufacturer in Africa and the Middle East.
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About Siemens Gamesa Renewable Energy:
Siemens Gamesa (https://www.SiemensGamesa.com/) is a global leader in the wind power industry, with a strong presence
in all facets of the business: offshore, onshore and services. The
company’s advanced digital capabilities enable it to offer one of the
broadest product portfolios in the sector as well as industry-leading
service solutions, helping to make clean energy more affordable and
reliable. With more than 100 GW installed worldwide, Siemens Gamesa
manufactures, installs and maintains wind turbines, both onshore and
offshore. The company’s orders backlog stands at €28 billion. The
company is headquartered in Spain and listed on the Spanish stock
exchange (trading on the Ibex-35 index).
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