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Inauguration of the largest hybrid solar-thermal PV plant in the world at Essakane gold mine, 16th March
Inauguration of the largest hybrid solar-thermal PV plant in the world at Essakane gold mine, 16th March

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Inauguration of the largest hybrid solar-thermal PV plant in the world at Essakane gold mine, 16th March

16 March 2018

IAMGOLD Essakane SA gold mine, the largest privately held business in Burkina Faso, operates off-grid, and used to rely solely on costly and carbon intensive heavy fuel power.

The Essakane project is located in north-eastern Burkina Faso. Approximately 330 km northeast of Ouagadougou.
The mine operates off-grid, and used to rely solely on costly and carbon intensive heavy fuel power. Since 16th March 2018, with the connection of a 15 MWp Solar plant to the mine’s existing 57MW thermal plant, Essakane benefits from the largest hybrid power plant in the world. It will decrease the mine’s fuel consumption by approximately 6 million litres per year and reduce its annual CO2 emissions by nearly 18,500 tons, supplying Essakane gold mine with competitive and carbon-free electricity.

The ceremony was attended by his Excellency Roch Marc Christian Kaboré, President of Burkina Faso, Mr Oumarou Idani Minister of Mines and Quarries, Mr Bachir Ismaël Ouédraogo Minister of Energy, Mr. Steve Letwin CEO of IAMGOLD Corporation, Mr. Carol Banducci CFO of IAMGOLD Corporation, Mr. Bruno Lemelin CEO of IAMGOLD Essakane SA, Mr. Richard Duffy CEO of AEMP, Mr. Laurent Coche Director of Origination and Sustainability of AEMP, and other members of the Government of Burkina Faso, as well as representatives of local communities.
Constructed in just over 9 months, made of close to 130,000 photovoltaic panels, the 15MWc solar power plant complements the former 57 MW heavy fuel power plant, creating the largest hybrid PV-diesel plant in the world and one of the largest solar facilities in sub-Saharan Africa.

This project was entirely developed, constructed and financed by AEMP and Total Eren. The construction of the project started in May 2017 and was funded on a full equity basis initially. Limited recourse senior debt for an amount of USD 16,5 million was then provided on competitive commercial terms by BICIAB, the Burkinabe subsidiary of BNP Paribas in November 2017.

During the construction phase, 75 employees were hired from nearby communities and 40 employees will be permanently employed during the next 15 years of operations.


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Read the press release here: Inauguration of the PV plant at Essakane gold mine



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Total Eren, AEMP and IAMGOLD Essakane SA are pleased to announce that the grand opening ceremony of Essakane Solar, the world’s largest hybrid solar/thermal plant, was held on 16 March in Northern Burkina Faso.

The new 15 MWp photovoltaic (PV) power plant will supply IAMGOLD Essakane SA with competitive and carbon-free electricity.

The ceremony was attended by his Excellency Roch Marc Christian Kaboré, President of Burkina Faso, Oumarou Idani, Minister of Mines and Quarries, Bachir Ismaël Ouédraogo, Minister of Energy, and other members of the Government of Burkina Faso, as well as representatives of local communities....

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