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NAWEC Signs Power Purchase Agreement for Soma Solar Park Phase II

October 29, 2026 Investor Relations, latest_news, Press Releases, Public Notice
NAWEC Signs Power Purchase Agreement for Soma Solar Park Phase II
NAWEC Signs PPA for Soma Solar Park Phase II | NAWEC
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28 October 2026
☀️ Power Purchase Agreement  ·  Soma Solar Park Phase II
Press Release  ·  28 October 2026

NAWEC Signs PPA for Soma Solar Park Phase II

NAWEC has signed a 25-year Power Purchase Agreement for the Soma Solar Park Phase II Project, a landmark renewable energy initiative valued at US$169 million, delivering 148.44 MWp of solar generation supported by a Battery Energy Storage System.

Signed: 28 October 2026
Term: 25 Years
Value: US$169 Million
Capacity: 148.44 MWp + BESS
The signing of the Power Purchase Agreement for Soma Solar Park Phase II, observed by the President — 28 October 2026
The signing of the Power Purchase Agreement for Soma Solar Park Phase II, observed by the President — 28 October 2026
25 Years
PPA Term
Power Purchase Agreement
US$169M
Project Value
Soma Solar Park Phase II
148.44 MWp
Solar PV Capacity
With battery storage
~250 GWh
Expected Annual Output
Once commissioned

Full Story

On Wednesday, 28th October 2026, NAWEC signed a 25-year Power Purchase Agreement (PPA) with Soliaris Africa Ltd. (Mark Cables FZE) for the development of the Soma Solar Park Phase II Project, a landmark renewable energy initiative valued at US$169 million.

The project will deliver 148.44 MWp of solar photovoltaic generation capacity supported by a Battery Energy Storage System (BESS), strengthening The Gambia’s electricity generation and grid reliability. The signing ceremony took place at the Office of the President, with the signing observed by the President.

Speaking at the ceremony, NAWEC Managing Director Gallo Saidy described the project as a defining moment for the utility and a major step toward a more sustainable and secure energy future.

The Soma Solar Park Phase II Project forms part of ongoing efforts to diversify The Gambia’s energy mix, expand renewable energy generation, and support the country’s long-term economic and social development goals.

“This project demonstrates the progress we are making toward a future where The Gambia harnesses its abundant solar resources to provide reliable, affordable, and sustainable electricity for all.”
Gallo Saidy, Managing Director — NAWEC
“A transformative milestone” and “a game changer” for renewable energy integration in The Gambia. The combination of utility-scale solar generation and battery storage will improve grid stability, strengthen energy security, reduce dependence on conventional generation, and support the delivery of more affordable electricity to Gambians.
Mountaga Sy, Vice President — Soliaris Africa Ltd.
Once commissioned, the project is expected to generate approximately 250 gigawatt-hours of electricity annually, helping to meet The Gambia’s growing green energy needs while ensuring a more reliable power supply for homes, schools, health facilities, and businesses.
Hon. Nani Juwara, Minister of Petroleum, Energy and Mines
🔋

Why Battery Storage Matters

A key feature of the project is its battery component, comprising a 50 MW / 200 MWh Battery Energy Storage System. It allows solar energy generated during daylight hours to be stored and dispatched during peak demand periods, particularly in the evening and at night when solar generation is unavailable, helping to improve electricity availability and support more efficient management of the national power system. The project is also expected to reduce NAWEC’s dependence on higher-cost electricity sources, contributing to a lower cost of supply.

Key Details

☀️ Project Details
  • Project: Soma Solar Park Phase II
  • Agreement: 25-year Power Purchase Agreement
  • Counterparty: Soliaris Africa Ltd. (Mark Cables FZE)
  • Project value: US$169 million
  • Solar PV capacity: 148.44 MWp
  • Battery storage: 50 MW / 200 MWh BESS
  • Expected annual generation: approx. 250 GWh
🌍 Expected Impact
  • Strengthens The Gambia’s electricity generation and grid reliability
  • Improves grid stability and energy security
  • Reduces dependence on conventional and higher-cost generation
  • Supports more affordable electricity for Gambians
  • Reliable power for homes, schools, health facilities, and businesses
  • Diversifies the energy mix and expands renewable generation

In Pictures

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