29/10/2026
PRESS RELEASE
Government signs US$169 million Soma Solar Park agreements with Solaris Africa Ltd
In the presence of His Excellency President Adama Barrow, the Government of The Gambia today signed agreements with Solaris Africa Ltd, a company of Mark Cables FZE, for Phase 2 of the Soma Solar Park. The project combines 148.44 MWp of solar PV with 85 MW of battery storage.
The National Water and Electricity Company (NAWEC) signed the 25-year Power Purchase Agreement. The Ministry of Petroleum, Energy and Mines and the Ministry of Finance and Economic Affairs signed the Implementation Agreement on behalf of the Government.
The project represents an investment of US$169 million. It is one of the largest private investments in The Gambia's energy sector. The battery storage will allow solar power to supply the grid into the evening peak. This will reduce reliance on costly fuel-based generation and strengthen the reliability of supply to homes and businesses.
The signing reflects investor confidence in The Gambia as a country that is ready and open for business. It also fulfills His Excellency's commitment to reliable, affordable and clean electricity for all Gambians.