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Market update · Africa

Guinea Initiates Competitive Solar PV and Battery Storage Procurement Program

Guinea's Ministry of Energy has partnered with Belgian non-profit RELP to design and implement a competitive procurement program for solar photovoltaic (PV) and battery energy storage projects. The program aims to launch with an initial phase targeting 400 MW capacity, supported by technical, legal, regulatory, and financial advisory services from RELP.

SolTraCo market update · · 3 min read

Partnership and Program Design

Guinea’s Ministry of Energy and the Belgium-based clean energy non-profit RELP have formalized an agreement to collaborate on a competitive procurement program for solar PV and battery storage projects. RELP is responsible for providing comprehensive advisory support, including technical, legal, regulatory, and financial guidance, working closely with Guinea’s National Directorate for Renewable Energy.

The program’s design, sizing, and structuring are key components of this partnership, aiming to establish transparent procurement rules and a credible plan to foster a sustainable solar market in Guinea.

Program Scope and Implementation

The procurement program is set to commence with an indicative phase covering 400 MW of solar PV and battery storage capacity. RELP’s support extends to drafting full tender documentation, capacity building, and assisting the Ministry in adopting risk mitigation and credit enhancement instruments.

This initiative aligns with Guinea’s ambition to provide clean, reliable, and affordable electricity, forming a foundation for the country’s energy transition.

Regional Context and RELP’s Broader Engagement

Currently, Guinea has approximately 329.7 MW of operational solar capacity, primarily from unidentified commercial and industrial projects. RELP is also engaged in similar renewable energy procurement programs in other West African countries, including Ghana, Togo, and Senegal.

In Ghana, RELP recently entered an agreement to design and implement a multi-year competitive procurement program, which includes the country’s first public renewables auction.

Sources

This update is an original SolTraCo synthesis of the linked industry sources. Reported facts and commercial interpretation are kept separate. It does not contain confidential deal information and is not investment, legal or technical advice.