The project, located near the city of Segou in southeast Mali, is being developed by Scatec in conjunction with IFC InfraVentures and local developer Africa Power 1.

The partners expect to reach financial close on the €52m ($58m) project later this year, and hope to see grid connection at around the half-way point of 2016.

When complete the array will provide about 60GWh of electricity annually – which Scatec said is equivalent to about 5% of Mali’s total consumption.

Utility