MARKET / SENEGAL
#17Continent rank
16Deals tracked
$2,212mCapital tracked
1,074 MWPipeline
26 MWOperational (tracked)
481 MWInstalled RE (2024, IRENA)
83%Electricity access (2024, World Bank)
$37bnGDP (2025, World Bank)
5.94%RE capital / GDP (12M)

Market primer

structure, counterparties and bankability context
Region / power poolWestern Africa · WAPP
Main offtakerSenelec
RegulatorCRSE
PPA frameworkNot yet researched
Currency / convertibilityXOF · Not yet researched
GDP per capita$1,955 (2025, World Bank)
Sovereign ratingsMoody’s · S&P · IMF DSA
Last updatedpending

Installed renewables

20152024, MW (IRENA)

Deals

every row source-linked
DateDealType$mConf
2026-06-30Axian Energy renewable energy expansioncorporate_debt60A
2026-06-25EBID Renewable Energy Financing Packageguarantee_facility100B
2026-04-14Afreenergy Solarequity_raise5B
2026-04-09NEA Kolda solar power plantproject_finance
2026-04-01Diass Battery Energy Storage Systemgrant39
2026-02-112026 ITFC-Senegal Trade Finance Facilityguarantee_facility680A
2026-01-30Walo Storageproject_finance12A
2025-11-18Senelec Green Bond Issuancecorporate_debt213A
2025-11-14SolarX C&I Portfoliorefinancing16A
2025-11-10Infinity Power pan-African pipelineequity_raise40A
2025-10-06Seneleccorporate_debt215B
2025-10-02Saudi Investment Ministry / ACWA Powerequity_raise289B
2025-10-01FCTC Senelec 2025-2030corporate_debt215A
2025-09-30Programme to Promote Efficient Lighting Lamps (PPLEEF)corporate_debt13B
2025-09-29Cornerstone Group + Hajib Al Shams Solar Energy JVequity_raise300B
2025-07-03Senegalese Rural Electrification Agency (ASER)grant14B

Project pipeline

Tariffs & policy

2026-03-24Energy Sector Regulatory Strengthening
2026-03-06500 MW Solar + BESS Tender
Senelec
2026-01-13PV Recycling and Recovery Pilot Initiative
ANER; ENDA Energie; Polytechnic School of Thies (EPT)
2025-03-12National energy compact
Ministry of energy

Recent coverage

from the archive
2026-07-08SUEZ and TotalEnergies Commission 21 MW of Solar Power for Drinking Water in Senegal
Capacity online — execution track record for the sponsor and market; capacity 21 MW; builds on prior coverage — trace "TotalEnergies" in Storyline for the history
2026-07-08Senegal's Water Utility Turns to Solar to Cut Energy Costs
builds on prior coverage — trace "Turns" in Storyline for the history
2026-07-06JUWI Advances 350 MW Photovoltaic Projects in South Africa and Senegal
capacity 350 MW; builds on prior coverage — trace "Photovoltaic" in Storyline for the history
2026-07-03German Developer JUWI Expands Solar Portfolio in Senegal and South Africa
builds on prior coverage — trace "Developer" in Storyline for the history
2026-05-06Senegal advances renewable energy drive with launch of 50 MW Warkhokh Solar Plant - Green Building Africa
2026-04-27Senegal: Diass Battery Energy Storage Plant Launches Energy Transition
2026-04-16Senegal: Financial close for major renewable energy IPP
Confirms financial close for a renewable energy IPP in Senegal, adding to the country's pipeline of utility-scale projects.
2026-04-10Senegal Targets Grid Stability with Two Solar-Plus-Storage Projects
Senegal is scaling its grid-stabilization efforts by integrating utility-scale BESS with solar, marking the deployment of its first major battery storage system in Diass and a new hybrid facility in Linguère.
2026-04-09Clifford Chance advises AXIAN Energy on the financial close for the NEA Kolda solar power plant with battery energy storage system (BESS) in Senegal
Financial close for the NEA Kolda project marks a significant milestone for AXIAN Energy's solar-plus-storage portfolio in Senegal, transitioning the project from development to construction.
2026-04-08Axian Energy reaches financial close on DFI-backed Senegalese solar project — article includes a paywall
The headline confirms the financial close of the NEA Kolda solar project by Axian Energy, which is already captured in the database via a more detailed subsequent report.
2026-04-02Axian reaches financial close on Senegal solar-plus-storage project
2026-04-02Axian reaches financial close on Senegal solar-plus-storage project
2026-04-02Axian reaches fin close for top solar-plus-storage project in Senegal
2026-03-27PIDG Invests €4.3 Million to Accelerate Solar Growth in Senegal
PIDG's €4.3 million (approx. $4.64 million) investment in Afreenergy Solar supports the development of a 30 MW C&I solar portfolio in Senegal, addressing grid reliability for energy-intensive sectors.
2026-03-24Senegal pushes for stronger regulation in energy sector
Senegal is signaling a shift toward more stringent energy sector regulation, which may impact future project development and tariff structures.