Development Finance Institutions British International Investment, FMO, Proparco, and Frontier Energy invest $52M in Planet Solar, a 50 MW solar project in Sierra Leone. The initiative supports clean, affordable energy, aligning with UN Sustainable Development Goals. Planet Solar aims to be the first large-scale grid-connected solar IPP, mitigating 53,000 tonnes of CO2 annually. This investment contributes to SDGs 7, 8, and 13.
Planet Solar to be Sierra Leone’s first large-scale solar IPP
This project aims to boost Sierra Leone’s domestic electricity supply by around 30%, benefitting Freetown, the Western Area, and four other locations across the nation. Illustration from Proparco.
The dual-use project integrates agriculture under solar panels and floating aquaculture with energy storage. (Image Source: PRNewswire)
The Horsham project combines solar and battery storage, supporting grid stability and peak demand management. (Image Credit/Source: Atimedia/Pixabay)
The 20 MW solar project actively supports Eramet’s SBTi roadmap and climate goals. (Image Source: SolarPanal/Pixabay)
Sherco Solar is the Upper Midwest’s largest solar project, set to power 150,000 homes when fully operational. (Image Source: Xcel Energy)