The project consists in the design and construction of a set of inter-related electricity generation, network and storage components during the 2023-2029 period under Cape Verde''s National Electricity Masterplan (2018-2040).
The largest power station in Cape Verde is located in the City of Praia with an installed capacity of 31 MW.
Cape Verde has no primary energy resources except for wood, which is insufficient due to low rainfalls and poor soil quality. The country’s energy supplies come from four main sources: petroleum products, butane gas, firewood, and wind.
As part of the EU''s Global Gateway strategy, EIB Global is supporting this project, which is expected to contribute to the complete phasing out of Cape Verde''s reliance on expensive and polluting fossil fuels as its primary source of energy by 2040 at the latest.
Our BESS energy storage systems and photovoltaic foldable container solutions are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
The initiative will generate over 60 GWh per year, reduce 50,000 tons of CO₂ emissions, and help Cape Verde reach 50% renewable electricity by 2030. Cape Verde is moving toward a cleaner …
The project consists in the design and construction of a set of inter-related electricity generation, network and storage components during the 2024-2030 period under …
In 2022, Cape Verde''s electricity consumption predominantly relied on fossil energy sources, accounting for about 72% of its total electricity generation. Despite this …
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With EU carbon border taxes looming, Cape Verde''s green battery certification program could position it as Africa''s first circular energy hub. Tourism operators are already betting on this – …
The project marks a significant milestone as Cabo Verde’s first large-scale renewable energy initiative to combine wind power generation with battery energy storage …
Are Cape Verde communities using a solar and wind-based micro-grid? At least three communitiesin Cape Verde are already using a solar and wind-based micro-grid. A microgrid …
Africa Finance Corporation (AFC) (), the continent’s leading infrastructure solutions provider, today announced the inauguration of the expanded Cabeolica …
Expanding renewable energy capacity and improving grid efficiency to reduce dependency on imported fossil fuels and lower energy costs are among several key …
Cape Verde Renewable energy accounts for 20.3% of total supply and an electricity sector Master Plan (2018-2040) was designed to help achieve 50% of renewable …
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