Kita Solar Power Station
Kita Solar Power Station, is a solar power plant in Mali. At the time of its commissioning, in April 2020, it was the largest, grid-connected solar power station in West Africa. Location. The development sits on of real estate. The power station is in town of Kita, Kayes Region, approximately , by road, northwest of Bamako, the capital city of Mali, along the Bamako–Kéniéba Highway. Kita is located about , by road, northeast of the town of Kéniéba, at the international border with Senegal. The geographical coordinates of Kita Solar Power Station are: 13°01'51.0"N , 09°31'23.0"W (Latitude:13.030833; Longitude:-9.523056). Overview. The power station is a joint venture between "Akuo Energy", an independent energy producer, based in France, and "Pash Global", an investment company. Together, they own Akuo Kita Solar, the special purpose vehicle company that owns and operates the power station. The power generated is purchased by the Malian public electric utility company, "Electricité du Mali", pursuant to a 30-year power purchase agreement. Kita Solar Power Station is capable of supplying electric energy for up to 120,000 households in Mali. In addition, it helps the country to save up to 52,000 tonnes of  carbon dioxide every year. Ownership. The table below illustrates the ownership of Kita Solar Power Station and of Akuo Kita Solar, the special purpose vehicle company that operates the power station. Funding. The cost of construction is reported to be 53 billion CFA francs (€80.7 million). Lenders to the project included: 1. West African Development Bank 2. Emerging Africa Infrastructure Fund 3. FMO (Netherlands) 4. National Agricultural Development Bank of Mali 5. Green Africa Power and 6. GuarantCo.