The new Electricity Law (Law No. 5/2022) has opened doors to a more dynamic market, allowing independent power producers (IPP) to sell to the grid and industrial clients. The focus on clean energy is the pillar of the country's sustainable development strategy.
Investing in solar parks or small hydro plants requires specific licensing with ARENE (Energy Regulatory Authority).
Pillars of Investment in Renewables:
- Generation Concessions: Procedures for obtaining establishment and operation licenses.
- PPA (Power Purchase Agreements): Structuring long-term energy sale contracts with EDM or private entities.
- Mini-Grids and Self-Production: Rules for rural electrification and industries planning to generate their own energy.
- Carbon Certificates: How to monetize your project through carbon credits in the international market.
SD&MP advises investors in green energy projects across the country. We support in contract negotiation and ensuring your project meets the rigorous sustainability standards of the World Bank and other funding agencies.
Investing in solar or hydro energy? Consult our Energy Law specialists.
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