Sierra Leone Energy Storage Power Source Factory

What investment opportunities does Sierra Leone offer?

Sierra Leone offers investment opportunities in several segments of the energy industry including wind energy, solar energy, hydro, and bioenergy. The Government of Sierra Leone is also seeking infrastructure investment to support expansion of energy distribution and transmission networks.

Why does Sierra Leone need infrastructure investment?

The Government of Sierra Leone is also seeking infrastructure investment to support expansion of energy distribution and transmission networks. Sierra Leone has good access to natural resources necessary for energy production such as access to viable wind speeds and sunshine for renewable wind and solar projects.

Why is Sierra Leone under resourced?

Sierra Leone’s energy needs are under resourced and the scarcity of a reliable energy supply is one of the key impediments to Sierra Leone’s economic and social development. The country’s installed power capacity per capita is among the lowest in the world with approximately 105 MW available for a population of over 7 million in 2018.

Is there a need for electricity in Sierra Leone?

The GoSL has recognised an urgent need for access to electricity for the people of Sierra Leone. Only 15% of the total population of Sierra Leone currently has access to electricity, and only 2.5% of its rural population had access in 2016, according to World Bank data.

Why is solar power so expensive in Sierra Leone?

It is delivered at a very high cost with Sierra Leone having one of the highest electricity tariffs in the sub-region. There are numerous waterfalls for hydropower and abundant sunlight for solar power generation with an estimated hydro project potential of more than 1000MW, while solar opportunities are above 240 MW.

How does Sierra Leone's mining sector work?

The mining sector, which until 2014 generated Sierra Leone’s biggest export in the form of iron ore (see the Natural Resources section for more details), is heavily reliant on in-house captive generation to supply its significant power needs. Outside of the industry the use of private generators is prevalent.