Investment in industrial energy storage projects in mauritania

Why should Mauritania invest in a battery energy storage facility?

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.

Why should Mauritania invest in wind & solar energy?

Mauritania has high-quality wind and solar resources whose large-scale development could have catalytic effects in supporting the country to deliver universal electricity access to its citizens and achieve its vision for sustainable economic development.

How does Mauritania contribute to energy security?

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.

Will Mauritania become a leader in green energy?

“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.

Why should Mauritania invest in Dream?

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.

How will export-oriented projects contribute to a stable revenue stream?

The government has announced various export-oriented projects to produce renewable hydrogen, ammonia and/or hydrogen-reduced iron. Anchoring demand on foreign offtakers would contribute significantly to de-risk these projects and generate the stable revenue stream needed to mobilise investors at the necessary scale.