International end-to-end solar provider Phanes Group has announced the 30MW Gossas Solar Farm Project in Senegal as the winner of the second edition of its Solar Incubator.
The announcement was made at the “Unlocking Solar Capital: Africa” conference in Kigali, Rwanda, where three finalists presented their proposal to a panel of international industry experts from responsAbility, ECREEE, Hogan Lovells, Phanes Group, RINA, and African Development Bank.
Maintaining a long-term stake in the project, Mr. Hadj (the project owner) and the Dubai-headquartered solar provider will work collaboratively, aiming to bring the solar energy project to financial close. The Solar Incubator phase will kick off with an intensive face-to-face workshop for Hadj in Dubai, UAE, where he will work with Phanes Group’s team and its incubator partners to set the foundations to deliver a bankable project.
During that phase, Hadj will gain access to commercial and technical know-how covered by experts from project finance, project development and execution, legal and CSR, followed by further remote mentoring sessions in the succeeding months.
Source: ESI Africa