{"id":80594,"date":"2023-11-14T00:00:00","date_gmt":"2023-11-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/11\/14\/infinity-power-signs-a-20-year-battery-energy-storage-contract-in-senegal\/"},"modified":"2023-11-14T00:00:00","modified_gmt":"2023-11-14T00:00:00","slug":"infinity-power-signs-a-20-year-battery-energy-storage-contract-in-senegal","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/11\/14\/infinity-power-signs-a-20-year-battery-energy-storage-contract-in-senegal\/","title":{"rendered":"Infinity Power signs a 20-year battery energy storage contract in Senegal"},"content":{"rendered":"

<\/strong>Infinity Power inks 20-year BESS contract in Senegal:<\/strong> Egypt-based renewable energy developer Infinity Power<\/a> \u2014 a joint venture between our friends at Infinity and UAE renewables player Masdar \u2014 has signed a 20-year Capacity Change Agreement agreement with Senegalese national utility Senelec<\/a> to supply 40 MW of clean energy to the country\u2019s grid through a battery energy storage system (BESS), according to a statement (pdf)<\/a>. The BESS system will help Senelec stabilize the country\u2019s electrical grid. The expected investment ticket for the project was not disclosed.<\/p>\n

More details: <\/strong>The company will break ground on its planned BESS system in 2024 with the aim to bring it online in 2025. The facility will be operated by Infinity\u2019s 158.7 MW Taiba N\u2019Diaye<\/a> wind farm in Thies \u2014 the country\u2019s first and largest utility-scale wind power project<\/a> \u2014 which has increased the country\u2019s generation capacity by 15%. <\/p>\n

Big emissions cuts and savings:<\/strong> The project will offset an estimated 37k tons of emissions annually once operational, and increase national energy storage capacity in preparation for the country\u2019s planned clean energy projects, the statement notes. Over its 20-year lifecycle, the project is expected to accrue USD 165 mn in power savings by reducing the network\u2019s reliance on reserve capacity derived from thermal plants. <\/p>\n

Infinity recently upped its renewables<\/strong>targets:<\/strong> Last month, the company said it is looking to expand its renewable energy portfolio to 10 GW by 2030<\/a> and said its target will likely garner some USD 5 bn in direct investments. <\/p>\n

And already has a considerable foothold in Africa:<\/strong> Infinity Power, Masdar and Hassan Allam Utilities signed back in June a land allocation agreement with the Egyptian government for their USD 10 bn, 10 GW wind farm<\/a> in Sohag. Infinity is also among seven consortiums that have bought the tender and conditions booklet for several planned renewables-powered desalination projects on Egypt\u2019s North Coast, and is among companies interested in acquiring a stake in the 580 MW Gabal El Zeit wind farm. <\/p>\n

Exports on the horizon: <\/strong>The company signed back in May an agreement<\/a> with Greece-based Copelouzos Group to explore the feasibility of jointly developing renewable energy projects to export energy to Europe via its 3 GW Greece-Egypt Interconnector (GREGY)<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 40 MW BESS plant will be up and running in 2025<\/p>\n","protected":false},"author":1,"featured_media":80595,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[237],"tags":[236,166,11,360,1959],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-80594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-battery-storage","tag-battery-storage","tag-bess","tag-enterpriseclimate","tag-infinity","tag-senegal","wpautop","entry"],"acf":{"mongo_id":"e8304286-febf-4ba2-bf37-148aa5939acf","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/11\/1837.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Infinity 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