Guinea prepares $2.1 billion energy project
By the AFREEQUE newsroom, based on Guinee7
DERRUMANN is preparing a $2.1 billion energy project in Guinea combining 300 MW of hydropower and solar capacity with 140 MWh of storage. The feasibility study was presented on 13 November in Conakry to authorities and energy operators, according to Guinee7.
Guinea presented on Friday 13 November 2026 in Conakry the feasibility study for a $2.1 billion energy project led by DERRUMANN with the support of Bogner Group. The project provides for a 100 MW hydroelectric power plant at Korafandi, a 200 MW photovoltaic power plant and 140 MWh of battery storage, according to Guinee7.
The project is expected to produce around 965 million kWh per year, equivalent to the consumption of more than 600,000 households, according to the promoters. Abdoulaye Diallo, head of government and institutional relations at Bogner Group, said the study had been carried out after thirteen months of work and was to be submitted for comments to the Ministry of Energy, ACGP, ARMP and EDG.
Bogner Group also plans training programmes for young people and women. Abdoulaye Diallo asked the Guinean authorities to shorten procedures in order to reach the signing of the contract quickly, while Matou Bognier reaffirmed her company’s commitment to energy supply, employment and the development of local skills, according to Guinee7.
