The Delegation of the European Union to the State of Eritrea today announced the award of a multi-million euro Solar energy project in Eritrea to Solarcentury (UK) Ltd.
Subsequently, a contract has been signed between the Eritrean Ministry of Energy and Mines (MoEM) and Solarcentury (UK) Ltd on January 20th in Asmara for the supply, installation and commissioning of Solar PV Generation Systems.
Solarcentury Ltd was selected after an open international tender valued at €5.7m (€5,666,394.34 to be exact)
The project is a 2.25 MW Solar PV mini-grid system that supplies power to two rural towns, Areza and Maidma, and surrounding villages in Eritrea.
The EU statement said, the project is the first step for a bigger project that will improve the livelihoods (increase income and access to social services: MDGs) of rural towns and villages that are not connected to the national grid.
The project is funded by the ACP EU Energy Facility under the 10th European Development Fund with a total budget of €11,762,588 and will be managed by the Eritrean Ministry of Energy and Mines (MoEM ) in partnership with the European Union who is co-financing €8 million.
Eritrea, through the Ministry of Energy and Mines, is contributing resources amounting to €2.2m (€2,222,588) and the contribution of UNDP funding is €1.54m.
Solarcentury is UK’s leading solar energy company, specializing in the design and supply of building integrated solar technologies.
The second component of the project, which is the provision of electricity distribution system, has already been opened for international bidders.