IBOV 174,301.07 ▲ 0.27% IPSA 10,862.83 ▼ 0.77% IPC MEX 66,358.81 ▼ 0.08% MERVAL 3,156,991 ▼ 0.89% COLCAP 2,282.71 ▼ 0.11% BVL PERÚ 57,220.16 — — USD/BRL5.11▲ 0.18% USD/MXN17.51▲ 0.51% USD/CLP934.81▲ 1.06% USD/COP3,269▲ 1.16% USD/PEN3.40▲ 0.64% USD/ARS1,481▲ 0.34% USD/UYU40.23▲ 1.74% USD/PYG6,032▲ 1.81% USD/BOB10.65▲ 4.37% USD/DOP58.24▲ 1.37% USD/CRC446.12▲ 1.44% USD/GTQ7.62▲ 2.73% USD/HNL26.73▲ 1.94% USD/NIO36.62▲ 1.17% USD/VES730.65▲ 0.57% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.87% USD/TTD6.74▲ 1.70% EUR/BRL5.84▲ 0.17% BRENT 87.37 ▲ 3.73% WTI 81.32 ▲ 3.00% IRON ORE 161.91 — — COPPER 6.27 ▼ 0.35% GOLD 4,023 ▲ 0.94% SILVER 56.27 ▲ 0.66% SOY 1,202 ▲ 0.56% CORN 465.50 ▲ 5.44% WHEAT 679.50 ▲ 0.70% COFFEE 320.20 ▼ 0.34% SUGAR 14.89 ▲ 3.12% ORANGE JUICE 142.05 ▲ 6.17% COTTON 78.93 ▲ 1.60% COCOA 5,580 ▲ 6.98% BEEF 221.10 ▼ 2.63% CATTLE 338.18 ▼ 2.43% LITHIUM 68.43 ▼ 0.63% PETR4 40.92 ▲ 2.58% VALE3 73.07 ▲ 0.12% ITUB4 42.26 ▼ 0.68% BBDC4 18.44 ▲ 0.16% ABEV3 15.66 ▲ 0.38% BBAS3 20.57 ▼ 0.92% B3SA3 15.29 ▼ 0.65% WEGE3 43.62 ▲ 0.30% PRIO3 57.62 ▲ 1.46% SUZB3 42.03 ▲ 0.79% RENT3 38.37 ▼ 1.26% AZZA3 18.43 ▼ 0.54% CSAN3 3.89 ▲ 0.26% RAIZ4 0.28 ▼ 3.45% PCAR3 2.53 ▼ 2.32% GMAT3 3.86 ▼ 1.53% PSSA3 55.04 ▼ 0.33% CVCB3 1.29 ▼ 4.44% POSI3 3.85 ▼ 0.77% SLCE3 13.53 ▼ 0.59% NATU3 8.53 ▼ 0.35% BRKM5 6.15 ▲ 0.82% RANI3 7.98 ▼ 1.24% CSNA3 5.08 ▼ 0.39% CMIN3 5.29 ▼ 2.94% USIM5 8.12 ▲ 2.78% GGBR4 24.19 ▲ 1.17% ENEV3 25.96 ▲ 0.04% CPFE3 47.28 ▲ 0.19% CMIG4 11.21 ▲ 1.08% EQTL3 39.88 ▲ 0.08% LREN3 13.46 ▼ 1.39% VIVT3 35.83 ▲ 1.01% RAIL3 13.80 ▼ 0.93% KLABIN 17.47 ▲ 0.63% RAIA DROGASIL 18.44 ▼ 0.43% RDOR3 35.76 ▼ 0.31% HAPV3 11.33 ▲ 3.47% FLRY3 16.67 ▲ 1.52% SMTO3 15.64 ▼ 0.51% UGPA3 31.92 ▼ 0.22% VBBR3 34.56 ▲ 0.55% BBSE3 41.04 ▼ 0.34% BPAC11 56.63 ▲ 0.07% CURY3 31.25 ▼ 0.13% AERI3 2.04 ▲ 0.99% VIVARA 23.17 ▼ 0.77% COMPASS 24.97 ▲ 0.24% VAMOS 3.23 ▲ 2.22% SANB11 26.87 ▲ 0.15% ASAI3 8.42 ▼ 1.64% SBSP3 29.50 ▲ 0.68% WALMEX 49.88 ▲ 0.65% GMEXICO 201.57 ▲ 1.17% FEMSA 225.37 ▲ 0.14% CEMEX 22.70 ▼ 0.35% GFNORTE 179.57 ▼ 0.45% BIMBO 59.31 ▲ 2.40% TELEVISA 9.64 ▲ 1.37% AMX 23.27 ▲ 2.15% GAP 388.76 ▼ 0.77% ASUR 279.09 ▼ 0.66% OMA 231.74 ▼ 0.58% KOF 180.90 ▲ 1.08% GRUMA 286.94 ▲ 0.20% KIMBER 38.91 ▲ 0.34% SQM-B 63,931 ▼ 3.21% COPEC 6,123 ▼ 0.06% BSANTANDER 76.84 ▼ 1.69% FALABELLA 5,889 ▲ 0.61% ENELAM 84.16 ▼ 0.75% CENCOSUD 2,003 ▼ 0.11% CMPC 1,073 ▼ 0.09% BANCO CHILE 186.38 ▼ 1.32% LATAM AIR 24.70 ▼ 2.76% YPF 77,800 ▲ 2.27% GGAL 7,780 ▼ 1.08% PAMPA 5,205 ▲ 1.86% TXAR 659.50 ▼ 0.38% ALUAR 939.00 ▼ 0.11% TGS 9,435 ▲ 0.53% CEPU 2,261 ▲ 0.04% MIRGOR 16,725 ▼ 0.15% COME 43.65 ▼ 1.82% LOMA NEGRA 3,540 ▼ 0.49% BYMA 300.25 ▼ 0.41% TELECOM ARG 4,170 ▼ 0.24% ECOPETROL 15.98 ▲ 1.14% BANCOLOMBIA 79.83 ▲ 0.45% GRUPO AVAL 4.99 ▲ 0.40% CREDICORP 390.15 ▲ 0.70% SOUTHERN COPPER 176.67 ▲ 0.58% BUENAVENTURA 30.49 ▲ 1.04% MERCADOLIBRE 1,819 ▼ 2.06% NUBANK 13.66 ▼ 0.98% XP 16.90 ▲ 1.32% PAGSEGURO 9.13 ▼ 0.27% STONE 11.14 ▼ 0.58% GLOBANT 32.25 ▲ 0.16% TECNOGLASS 45.68 ▼ 2.46% GAP AIRPORT 222.43 ▼ 1.26% ASUR 279.09 ▼ 0.66% OMA AIRPORT 106.03 ▼ 1.10% AMX ADR 26.52 ▲ 1.45% FEMSA ADR 128.75 ▼ 0.57% CEMEX ADR 12.99 ▼ 0.84% PETROBRAS ADR 17.93 ▲ 2.60% VALE ADR 14.28 ▲ 0.42% ITAU ADR 8.27 ▼ 0.42% SANTANDER BR 5.28 ▼ 0.19% AMBEV ADR 3.05 ▼ 0.16% CSN 1.00 — 0.00% GERDAU 4.77 ▲ 1.06% LATAM ADR 53.20 ▲ 0.04% BTC 63,292 ▼ 0.78% ETH 1,830 ▼ 1.80% SOL 74.60 ▼ 0.89% XRP 1.08 ▼ 0.38% BNB 562.51 ▼ 1.69% ADA 0.16 ▲ 1.82% DOGE 0.07 ▼ 0.31% AVAX 6.49 ▼ 0.25% LINK 8.18 ▼ 1.87% DOT 0.85 ▼ 0.67% LTC 44.75 ▼ 0.43% BCH 216.51 ▼ 2.30% TRX 0.32 ▼ 0.06% XLM 0.19 ▲ 0.49% HBAR 0.07 ▼ 0.78% NEAR 1.92 ▼ 2.57% ATOM 1.51 ▲ 0.29% AAVE 91.12 ▼ 0.01% SELIC 14.25% EMBRAER 82.76 ▲ 1.21% EMBRAER ADR 64.69 ▲ 0.49% JBS 11.93 ▼ 0.83% JBS BDR 60.85 ▼ 1.06% MBRF3 15.21 ▼ 0.52% MBRFY 3.00 ▲ 2.39% INTER 5.42 ▼ 2.17% EGX 52,928 ▲ 0.70% USD/ZAR16.51▲ 0.50% USD/NGN1,378▼ 0.20% NIKKEI 64,141 ▼ 4.03% CSI300 4,529 ▼ 3.60% HSI 24,562 ▼ 1.78% NIFTY 24,334 ▲ 1.09% KOSPI 6,821 ▼ 6.37% JCI 6,176 ▲ 1.10% USD/JPY162.48▲ 0.05% 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0.94% SILVER 56.27 ▲ 0.66% SOY 1,202 ▲ 0.56% CORN 465.50 ▲ 5.44% WHEAT 679.50 ▲ 0.70% COFFEE 320.20 ▼ 0.34% SUGAR 14.89 ▲ 3.12% ORANGE JUICE 142.05 ▲ 6.17% COTTON 78.93 ▲ 1.60% COCOA 5,580 ▲ 6.98% BEEF 221.10 ▼ 2.63% CATTLE 338.18 ▼ 2.43% LITHIUM 68.43 ▼ 0.63% PETR4 40.92 ▲ 2.58% VALE3 73.07 ▲ 0.12% ITUB4 42.26 ▼ 0.68% BBDC4 18.44 ▲ 0.16% ABEV3 15.66 ▲ 0.38% BBAS3 20.57 ▼ 0.92% B3SA3 15.29 ▼ 0.65% WEGE3 43.62 ▲ 0.30% PRIO3 57.62 ▲ 1.46% SUZB3 42.03 ▲ 0.79% RENT3 38.37 ▼ 1.26% AZZA3 18.43 ▼ 0.54% CSAN3 3.89 ▲ 0.26% RAIZ4 0.28 ▼ 3.45% PCAR3 2.53 ▼ 2.32% GMAT3 3.86 ▼ 1.53% PSSA3 55.04 ▼ 0.33% CVCB3 1.29 ▼ 4.44% POSI3 3.85 ▼ 0.77% SLCE3 13.53 ▼ 0.59% NATU3 8.53 ▼ 0.35% BRKM5 6.15 ▲ 0.82% RANI3 7.98 ▼ 1.24% CSNA3 5.08 ▼ 0.39% CMIN3 5.29 ▼ 2.94% USIM5 8.12 ▲ 2.78% GGBR4 24.19 ▲ 1.17% ENEV3 25.96 ▲ 0.04% CPFE3 47.28 ▲ 0.19% CMIG4 11.21 ▲ 1.08% EQTL3 39.88 ▲ 0.08% LREN3 13.46 ▼ 1.39% VIVT3 35.83 ▲ 1.01% RAIL3 13.80 ▼ 0.93% KLABIN 17.47 ▲ 0.63% RAIA DROGASIL 18.44 ▼ 0.43% RDOR3 35.76 ▼ 0.31% HAPV3 11.33 ▲ 3.47% FLRY3 16.67 ▲ 1.52% SMTO3 15.64 ▼ 0.51% UGPA3 31.92 ▼ 0.22% VBBR3 34.56 ▲ 0.55% BBSE3 41.04 ▼ 0.34% BPAC11 56.63 ▲ 0.07% CURY3 31.25 ▼ 0.13% AERI3 2.04 ▲ 0.99% VIVARA 23.17 ▼ 0.77% COMPASS 24.97 ▲ 0.24% VAMOS 3.23 ▲ 2.22% SANB11 26.87 ▲ 0.15% ASAI3 8.42 ▼ 1.64% SBSP3 29.50 ▲ 0.68% WALMEX 49.88 ▲ 0.65% GMEXICO 201.57 ▲ 1.17% FEMSA 225.37 ▲ 0.14% CEMEX 22.70 ▼ 0.35% GFNORTE 179.57 ▼ 0.45% BIMBO 59.31 ▲ 2.40% TELEVISA 9.64 ▲ 1.37% AMX 23.27 ▲ 2.15% GAP 388.76 ▼ 0.77% ASUR 279.09 ▼ 0.66% OMA 231.74 ▼ 0.58% KOF 180.90 ▲ 1.08% GRUMA 286.94 ▲ 0.20% KIMBER 38.91 ▲ 0.34% SQM-B 63,931 ▼ 3.21% COPEC 6,123 ▼ 0.06% BSANTANDER 76.84 ▼ 1.69% FALABELLA 5,889 ▲ 0.61% ENELAM 84.16 ▼ 0.75% CENCOSUD 2,003 ▼ 0.11% CMPC 1,073 ▼ 0.09% BANCO CHILE 186.38 ▼ 1.32% LATAM AIR 24.70 ▼ 2.76% YPF 77,800 ▲ 2.27% GGAL 7,780 ▼ 1.08% PAMPA 5,205 ▲ 1.86% TXAR 659.50 ▼ 0.38% ALUAR 939.00 ▼ 0.11% TGS 9,435 ▲ 0.53% CEPU 2,261 ▲ 0.04% MIRGOR 16,725 ▼ 0.15% COME 43.65 ▼ 1.82% LOMA NEGRA 3,540 ▼ 0.49% BYMA 300.25 ▼ 0.41% TELECOM ARG 4,170 ▼ 0.24% ECOPETROL 15.98 ▲ 1.14% BANCOLOMBIA 79.83 ▲ 0.45% GRUPO AVAL 4.99 ▲ 0.40% CREDICORP 390.15 ▲ 0.70% SOUTHERN COPPER 176.67 ▲ 0.58% BUENAVENTURA 30.49 ▲ 1.04% MERCADOLIBRE 1,819 ▼ 2.06% NUBANK 13.66 ▼ 0.98% XP 16.90 ▲ 1.32% PAGSEGURO 9.13 ▼ 0.27% STONE 11.14 ▼ 0.58% GLOBANT 32.25 ▲ 0.16% TECNOGLASS 45.68 ▼ 2.46% GAP AIRPORT 222.43 ▼ 1.26% ASUR 279.09 ▼ 0.66% OMA AIRPORT 106.03 ▼ 1.10% AMX ADR 26.52 ▲ 1.45% FEMSA ADR 128.75 ▼ 0.57% CEMEX ADR 12.99 ▼ 0.84% PETROBRAS ADR 17.93 ▲ 2.60% VALE ADR 14.28 ▲ 0.42% ITAU ADR 8.27 ▼ 0.42% SANTANDER BR 5.28 ▼ 0.19% AMBEV ADR 3.05 ▼ 0.16% CSN 1.00 — 0.00% GERDAU 4.77 ▲ 1.06% LATAM ADR 53.20 ▲ 0.04% BTC 63,292 ▼ 0.78% ETH 1,830 ▼ 1.80% SOL 74.60 ▼ 0.89% XRP 1.08 ▼ 0.38% BNB 562.51 ▼ 1.69% ADA 0.16 ▲ 1.82% DOGE 0.07 ▼ 0.31% AVAX 6.49 ▼ 0.25% LINK 8.18 ▼ 1.87% DOT 0.85 ▼ 0.67% LTC 44.75 ▼ 0.43% BCH 216.51 ▼ 2.30% TRX 0.32 ▼ 0.06% XLM 0.19 ▲ 0.49% HBAR 0.07 ▼ 0.78% NEAR 1.92 ▼ 2.57% ATOM 1.51 ▲ 0.29% AAVE 91.12 ▼ 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Africa Lusophone World

EU Activates Largest Solar Plant in Guinea’s Abandoned Former Capital

By · January 27, 2024 · 2 min read

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The European Union has inaugurated Guinea’s largest solar power station on Bolama Island, advancing renewable energy under the “Ianda Guiné” initiative.

Partnering with TESE, a Portuguese NGO, the project represents a major renewable energy leap in the region.

Alfredo Pais of TESE oversees the Bolama plant, which consists of 1,091 solar panels over 6,500 square meters, producing 600 kW of energy.

This output, enhanced by lithium batteries, promises to continuously power Bolama’s 5,000 residents.

Currently, the project is in a testing phase, having laid 12 kilometers of electrical cables across Bolama’s city.

This development has brought lighting to several historic areas. Bolama, previously the capital of Portuguese Guinea, has long suffered from poor electricity supply.

The EU, investing three million euros, awaits the Guinean government’s approval to start supplying power to the community.

The initiative also improves water supply in northern Guinea-Bissau, affecting areas like Mansoa, Encheia, and Sansanbato.

“Ianda Guiné” focuses on solving community challenges and fostering economic growth.

Pais confirms that the Bolama plant is ready for operation, and it will initially serve about 550 customers. The pricing strategy will take local incomes into account.

Despite previous failures in similar projects in Guinea-Bissau, this initiative applies learned lessons.

Locals eagerly await life improvements, hoping for better trade, education, and safety.

However, concerns about electricity affordability remain, especially among residents like student Dala Baldé and entrepreneur Nguabi Júnior.

This project signifies a shift towards renewable energy, emphasizing both the challenges and opportunities of such transitions in developing areas.

EU Activates Largest Solar Plant in Ruins of Guinea's Abandoned Former Capital. (Photo Internet reproduction)
EU Activates Largest Solar Plant in Guinea’s Abandoned Former Capital. (Photo Internet reproduction)
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EU Activates Largest Solar Plant in Guinea’s Abandoned Former Capital

Bolama Island’s shift from a 19th-century colonial capital to an underdeveloped area highlights Guinea-Bissau’s political and economic instability.

Discovered in the 15th century, Bolama became important during the Scramble for Africa.

Portugal secured it in 1870, but its decline began with Bissau becoming the capital in 1941, exacerbating post-independence challenges.

The EU-funded solar plant now brings a glimmer of hope to Bolama’s revival.

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