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.

Does Mauritania need a grid?

Mauritania is mostly dependent on non-renewable resources (fossil fuels) and the access rate to the grid is pretty low. Some projects are emerging to benefit from solar, wind and biomass resources and to increase the access rate to the grid.

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.

Is Powergrid a Maharatna company?

Powergrid was incorporated as a public limited company, wholly owned by the Government of India. Now, PowerGrid is a Maharatna company. The electric utility company is headquartered in Gurugram. Powergrid is responsible for the transmission of more than 50% of the total power generated in India through its network.

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.