Approval Date | 19 May 2010 |
Signature Date | 14 Dec 2010 |
Sovereign / Non-Sovereign | Non Sovereign |
Sector | Power |
DAC Sector Code | 23240 |
Commitment | U.A 11,354,870.41 |
Status | Completion |
The Cabeólica wind park project includes the construction, operation and decommissioning of four wind parks on the islands of Santiago, São Vicente, Sal and Boa Vista in the Republic of Cabo Verde. Wind parks will include 30 to 32 wind turbines of 850 kW providing a total capacity of about 28 MW (e.i. 20% to 25% of the current energy demand). The project also includes a request for a loan from AfDB for the installation of wind turbines in the purpose of producing 28 MW, as well as the set-up of transmission lines to provide energy to existing consumers. It will enable the country to diversify its energy grid which is currently dominated by the production of thermal energy diesel (97% of the total installed capacity). The diversification of the energy grid will ensure the stability of the network; this will result in a reduction of the frequency of outages of electricity in the country. The project will also result in the stabilization of energy tariffs due to the volatility of prices related to the importation of fossil fuels that currently represents a huge burden for the economy of the country.
The objective of the project is to diversify the energy grid of Cabo Verde, stabilize the network and reduce the country's expenses for the import of energy.
The final beneficiaries of the project are the populations of the Republic of Cabo Verde. The active population will also benefit from this project thanks to the creation of jobs generated during periods of construction, operation, training and transfer of technology related to the production of wind energy.
Implementing
CABEOLICA S.A
|
Funding
African Development Bank
|
IATI identifier | 46002-P-CV-FE0-001 |
Last Update | 24 Mar 2023 |
Name | Hammadoun Amadou DIALL |
h.diall@afdb.org |
Country | Cape Verde |
Coordinates | Location Name |
---|---|
16.0833 -22.8333 | Concelho da Boa Vista |
14.9833 -23.65 | Concelho de Ribeira Grande de Santiago |
16.8333 -25 | Concelho de Sao Vicente |
16.75 -22.9167 | Concelho do Sal |