Cabo Verde Secures €39m Wind Boost

Key Figures & Findings: The European Investment Bank (EIB) has approved €39 million to expand Cabo Verde’s Cabeólica Wind Energy project, a flagship system supplying clean power across four islands. The financing, backed by additional support from the African Development Bank, the Government of Cabo Verde, and private-sector partners, aims to scale the facility’s contribution to national electricity supply from 20 percent to 30 percent, while also reducing reliance on imported fossil fuels. 

 Statistics & Insights:

•  Expansion Capacity: The project adds 13.5 MW of new wind power in Santiago and 26 MWh of battery storage across four islands.

Future Implications: If deployed as planned, the upgrade could further stabilize island power systems, lower long-term energy costs, and strengthen Cabo Verde’s progress toward greater energy security and clean-power integration across its archipelago.

Source: Energy Capital Power

Quick Take: Cabo Verde amps up wind power 🌬️⚡🇨🇻