Solen Renewable Energy
Developer and Partner in Energizing Africa
SOLEN is a limited liability Company registered in Dubai, UAE. SOLEN acts as an independent power producer (IPP) with a focus on emerging African markets, with specific attention to the energy requirements of industrial and critical national infrastructures.
SOLEN, with its Specific Purpose Vehicles (SPV) for each project transaction in the respective African countries, acts as an independent power producer. SOLEN aims to install solar power plants and sell the energy generated to state-owned utilities as well as captive electricity consumers in the commercial and industrial segments. SOLEN is a technology-driven company that utilises state-of-the-art technical software and solutions to offer competitive and reliable power systems in the form of Solar Grid Tie or PV-Diesel – BESS hybrid mode.
What We Stand For
Mission, Vision, and Values
Our Mission
To create value for all stakeholders through high-performance renewable energy solutions by maintaining the highest standards of corporate governance, ethics, and integrity.
Our Vision
To become the largest clean energy solutions provider in Africa.
Our Values
- Accountability
- Excellence
- Integrity
- Respect for Individual
- Teamwork
Our Portfolio
SOLEN has signed a Power Purchase Agreement with State Electricity Transmission and Distribution Company, “Société d’Energie et d’Eau du Gabon” (SEEG) for 120MWac capacity, for a fixed price long-term contract spanning 25 years.
SEEG is a state-owned energy transmission and distribution Company in Gabon. SEEG is Gabon’s energy and water supply utility company. SEEG generates, transmits, and distributes electricity in Gabon.
Phase 1: The capacity of the Solar Power Plant will be 30MWac with 8MWH BESS will be located near Ntoum in Gabon. The project site is in the Estuaire Province; about 30KM from the capital city of Libreville. The Project is set to be connected to a 225/90KV Ntoum-2 substation, which is 10KM from the proposed site.
Our Sustainable Development Goals
Commitment towards sustainable business practices
Our Investors
SOLEN is owned by ATIF (Africa Transformation and Industrialization Fund), an Abu Dhabi based fund regulated under ADGM. ATIF has been set-up with the main objective of investing in a long-term investment portfolio in agribusiness, digital, energy, and transport infrastructures.
ATIF has a strong pipeline of 12+ investments already secured which includes:
Industrial platforms
Leading developer and operator of industrial platforms and SEZs in Africa with three operational units and a strong pipeline of projects.
Plywood manufacturing
A leading plywood manufacturer in Gabon, settled in Gabon Special Economic Zone (GSEZ).
Edible oil platform
Soyabean processing in Togo, Benin, Chad, and Mauritania.
Pharmaceuticals company
Generic drug production in Gabon, Togo, and Benin.
Electric mobility
Integrated e-mobility platform (e-moto manufacturing, leasing, retail sale, battery swapping, maintenance, carbon credit, retrofitting, etc.).
Carbon trading
A leading originator and trader of environmental certificates in Africa.
Forest conservation
Conservation of 230k Ha of forests in Central Africa.
Solar Plants
Several solar plant projects, notably in Gabon, Benin, and Togo, supply energy to Industrial zones and clean-based industrial units.
Plantations for carbon absorption
Large-scale plantations for carbon absorption, notably in Benin and Togo (150k Ha at maturity).
Infrastructure services
Developer and operator of large-scale enabling infrastructure including transport assets (e.g., airports, roads) and electrical lines.
Cobalt sustainable mining
Mining unit using cutting-edge sustainable practices in Central Africa to produce batteries.
Iron ore sustainable mining
Mining unit using cutting-edge sustainable practices in Central Africa.
For investor-related enquiries, please write to investor@solennet.com