Mauritania Advances Energy Security with World Bank Support
The project will finance Mauritania''s first large-scale battery energy storage facility, enabling the country to harness its abundant solar and wind resources for more reliable
The project will finance Mauritania's first large-scale battery energy storage facility, enabling the country to harness its abundant solar and wind resources for more reliable electricity. This investment is critical to the success of Mauritania's Mission 300 Energy Compact, which aims to achieve universal access to electricity by 2030.
Through these multilateral partnerships, Mauritania affirms its commitment to continue implementing development projects that achieve its vision of energy security, in a way that serves the interests of citizens and enhances its capabilities in attracting investments.
“This project will position Mauritania as a leader in critical minerals, green hydrogen and energy storage, —driving job creation and expanding economic opportunities for all Mauritanians,” said Demetrios Papathanasiou, Global Director for Energy & Extractives at the World Bank.
This investment is critical to the success of Mauritania's Mission 300 Energy Compact, which aims to achieve universal access to electricity by 2030. DREAM is key to helping Mauritania estimate and promote its critical mineral potential through geological surveys.
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