Chad-based Ziz Energie has received a financing facility of 4 billion CFA francs (more than 6 Million Euros) from the Development Bank of Central African States (BDEAC). This financing will enable the electrification by hybrid solar mini-grids installation in two towns in the country.
Headquartered in N’Djamena, Ziz Energie is gaining popularity in the local energy scene. The loan will help increase Ziz Energie’s portfolio of hybrid solar mini-grids and contribute to the electrification of the country. The financing granted by the BDEAC will provide hybrid solar mini-grids to the towns of Mongo and Ati, located in the Guéra and Batha regions respectively.
The project involves financing, building, and commissioning solar power plants with a capacity of 2.5 MWp, each for the two towns. Both the facilities will be supported by a battery energy storage system (BESS), as well as backup generators that are capable of producing 1.5 MW. The systems will be equipped with a 20 km medium voltage transmission line and a 40 km distribution network.
BDEAC said these installations will be providing electricity to 3,000 households, industries, as well as local government services. The hybrid solar plant development is in accordance with Chad’s 2017-2021 National Development Plan in the economic and social development of the country.
According to Power Africa, Chad has a total installed capacity of 314 MW, mainly from thermal power plants. Also, the country has one of the lowest rates of electricity access in the world, with just 10% of the population having reliable electricity and that rate falls to 1% in rural areas.
The two mini-grids will improve the quality of healthcare facilities and minimize the carbon footprint of the country through the use of solar photovoltaics while increasing the electricity production capacity.
Ziz Energie is currently operating five hybrid mini-grids in Chad and is backed by several investors and banks, including the Energy Access Ventures (EAV), Netherlands Development Finance Company (FMO), Qatar National Bank (QNB), and South Africa’s Nedbank.