The village of Arsenal will soon be home to a solar photovoltaic power plant. Financed by GreenYellow and the Mauritius Commercial Bank Ltd (MCB) to the tune of Rs 350 M, this project aims to reduce the production of electricity from fossil fuels.
With this partnership, GreenYellow and MCB have the common ambition to accelerate the energy transition in Mauritius by supporting the Mauritian government’s objectives, led by the Central Electricity Board (CEB), in its program to reduce the country’s dependence on fossil fuels.
Indeed, GreenYellow – leader in photovoltaic production in the Indian Ocean region with more than 100 MWp installed – strengthens its presence in Mauritius by becoming a key contributor to the objectives of green energy production in the Mauritian energy mix, which is expected to rise to 60% by 2030.
With this solar power plant, more than 20 GWh of green energy will be produced each year to supply more than 4,500 Mauritian households. When commissioned in 2023, the plant will contribute to the reduction of carbon emissions in Mauritius, avoiding the emission of over 13,000 tons of CO2 per year.