Newsroom

GreenYellow and MCB complete financing for major solar power plant in Mauritius

Jan 23, 2023, 05:00 AM by User Not Found

GreenYellow, an expert in solar photovoltaic production, and MCB have concluded a transaction worth Rs 350M to finance a future solar photovoltaic power plant in Arsenal, located about 10km north of the capital Port Louis.

With this partnership, GreenYellow and MCB have the common ambition to accelerate the energy transition of Mauritius by supporting the objectives of the Mauritian government, led by the Central Electricity Board (CEB), in its programme to reduce the country's dependence on fossil fuels. 
 
As the leader in photovoltaic production in the Indian Ocean region with more than 100 MWp installed, GreenYellow is strengthening its presence in Mauritius by becoming one of the key contributors to the objectives of green energy production in the Mauritian energy mix, which should reach 60% by 2030. 
 
With this new solar power plant, more than 20 GWh of green energy will be produced each year to power more than 4,500 Mauritian homes. The new facility, which will be commissioned during 2023, will contribute to the reduction of carbon emissions in Mauritius, avoiding the emission of more than 13,000 tons of CO2 per year.

Subscribe to Press releases

Stay informed about the latest updates and news by subscribing to our email alerts.
 

Press releases
 

Stay informed about the latest updates and news by subscribing to our email alerts.
 

GreenYellow and MCB complete financing for major solar power plant in Mauritius

Jan 23, 2023, 05:00 AM by User Not Found

GreenYellow, an expert in solar photovoltaic production, and MCB have concluded a transaction worth Rs 350M to finance a future solar photovoltaic power plant in Arsenal, located about 10km north of the capital Port Louis.

With this partnership, GreenYellow and MCB have the common ambition to accelerate the energy transition of Mauritius by supporting the objectives of the Mauritian government, led by the Central Electricity Board (CEB), in its programme to reduce the country's dependence on fossil fuels. 
 
As the leader in photovoltaic production in the Indian Ocean region with more than 100 MWp installed, GreenYellow is strengthening its presence in Mauritius by becoming one of the key contributors to the objectives of green energy production in the Mauritian energy mix, which should reach 60% by 2030. 
 
With this new solar power plant, more than 20 GWh of green energy will be produced each year to power more than 4,500 Mauritian homes. The new facility, which will be commissioned during 2023, will contribute to the reduction of carbon emissions in Mauritius, avoiding the emission of more than 13,000 tons of CO2 per year.

Subscribe to our Email Alerts

Stay up-to-date with our latest releases delivered straight to your inbox.

Contact

Don't hesitate to contact us for additional info

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Email alerts

Keep abreast of our financial updates.