About

CleanPower Generation is a German company developing renewable energy solutions for sub-Saharan Africa, with its newly approved 84 MW solar project in Guinea being one of the largest independent solar power production projects in West Africa. The project will electrify the cities of Kankan and Siguiri with clean and highly cost-effective energy from two 42 MW solar power plants – a massive boost to power reliability and sustainability alike.

Affordable, clean solar energy will reduce the carbon footprint of energy-intensive local industries like mining, help small and medium-sized businesses grow, and open new opportunities for many other city residents. Translated into household equivalents, the 84 MW project could supply more than 360,000 families. The solar plants will contribute substantially to Guinea’s overall goal of producing 30% of its energy from renewable sources by 2030, a key part of the country’s commitment to the Paris Agreement.

Our support

GET.invest has supported CleanPower Generation since July 2019, and after more than eight years of dedicated project development support, CleanPower Generation reached a breakthrough in July 2025.

What started as a straightforward client engagement that kicked-off with connecting the company with both public and private debt and equity financiers, developing a financial model to meet financiers’ specific requirements and expectations, and structuring the project to align with the context in Guinea, resulted in a long engagement to realise the project. This is not atypical for our support, but the nuances and the context of the market, highlight the reality of what it takes to develop large scale projects in Africa.

Finally, with the support of the GET.invest Finance Catalyst, CleanPower Generation negotiated the Concession Agreement and Power Purchase Agreement that was signed by the Minister of Energy, the national utility Electricité de Guinée and the Minister of Finance.

The outcome

With these agreements in place, CleanPower Generation is now resuming discussions with financiers, moving towards updating and closing equity and debt. It is also getting an immediate start on project mobilisation, advancing into the due diligence process and the construction of the two solar power plants.

Once built, the payoffs will be immediate and widespread. The two plants will make Guinea’s energy system stronger, greener and more reliable, bringing an extremely affordable new energy source into a historically fossil-fuel-dominated (and expensively subsidised) market. The facilities will also create skilled jobs for engineers, managers and maintenance technicians in Kankan and Siguiri, while powering economic development throughout the communities. Backed up by a sound financial model, this ambitious project is well placed to reach financial close and take Guinea into its solar era.