Why should Mauritania invest in a battery energy storage facility?

The project will finance Mauritania’s first large-scale battery energy storage facility, enabling the country to harness its abundant solar and wind resources for more reliable electricity. This investment is critical to the success of Mauritania’s Mission 300 Energy Compact, which aims to achieve universal access to electricity by 2030.

Does Mauritania offer energy incentives?

Although Mauritania has high energy potential, the government does not offer any incentives, such as feed-in tariffs, discounts on electricity rates, or tax incentives, for clean energy investments (including renewable energy, energy storage, energy efficiency, clean hydrogen).

How does Mauritania contribute to energy security?

Through these multilateral partnerships, Mauritania affirms its commitment to continue implementing development projects that achieve its vision of energy security, in a way that serves the interests of citizens and enhances its capabilities in attracting investments.

What is Mauritania's dream project?

NOUAKCHOTT, March 27, 2025 - The World Bank Group today approved the Mauritania Development of Energy Resources and Mineral Sector Support Project —known as the DREAM Project —to boost green hydrogen development, expand energy storage, and support critical reforms in the mining sector.

Will Mauritania become a leader in green energy?

“This project will position Mauritania as a leader in critical minerals, green hydrogen and energy storage, —driving job creation and expanding economic opportunities for all Mauritanians,” said Demetrios Papathanasiou, Global Director for Energy & Extractives at the World Bank.

Why is Mauritania partnering with the World Bank?

It also enables Mauritania to develop its mineral sector in ways that reduce pollution, improve governance, and benefit communities. The World Bank is partnering with GIZ, the European Union, UNDP, and AFD to mobilize funding and expertise that align with the country’s energy goals.