CEEW Centre for Energy Finance

COUNTRY PROFILE

Seychelles is an archipelago of 115 islands situated in the South Western Indian Ocean. Forty one of the islands are granitic in origin and seventy four are coral atolls. The total land area is 455 square kilometers. The mainland of Africa is around one thousand kilometers to the west of the Seychelles. The population of Seychelles was estimated at 95,843 in 2017. About 95% of the population lives on the three main islands, Mahé, Praslin and La Digue. The capital is Victoria and the official languages are English and French.

Installed Renewable Energy Capacity

Access to Electricity (% of Population), GDP in Million USD (Constant Prices 2010), Inflation, Consumer Prices

Key Players

Agencies
Policies
Country Data
Case Studies

Seychelles Energy Commission (SEC)
Public Utilities Corporation (PUC)
Ministry of Environment, Energy and Climate Change (MEECC)

Seychelles Energy Act 2012
Seychelles Energy Policy 2010-2030
PUC Terms and Conditions for PV installations
Seychelles Sustainable Development Strategy Volume 1 & Volume 2

Seychelles-Solar Irradiation and PV Power Potential Maps
IRENA RE Resource
Seychelles Policy Database
UNEP Seychelles Energy Profile

Solar Power Integration In The Seychelles Islands
A 100% Renewable Seychelles
Integrated Energy Study For Seychelles For 2015-2035
A Comparative Study Of Renewable Energy And Electricity Access Policies And Regulatory Frameworks In The Indian Ocean Islands The Case Of Mauritius, Seychelles, Madagascar And Comoros

Graphs have been developed using HIGHCHARTS software under the Creative Commons Attribution-NonCommercial 3.0 License

Key Economic Indicators

GDP (current)

USD 1.7 Billion

in 2019
GDP growth rate (current)

5.31%

in 2019
WB Ease of doing business rank

100

in 2019
Foreign direct investment

USD 228.2 Million

in 2019
Lending interest rate to private sector

11.61%

in 2020
Domestic Credit to Private Sector

34.42%

in 2019

Key Energy Indicators

Electric power consumption per capita

NA

in 2014
Share of electricity from RE in grid

2.38%

in 2015

Sovereign Credit Rating

Standard & Poor's

AAA
Moody's

Aaa
Fitch

AAA

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