Huawei Digital Power Technologies Co., Ltd. (Huawei Digital Power) has signed a strategic cooperation agreement with Meinergy Technology Co., Ltd (Meinergy), to build a 1000 MW solar PV plant with a 500 MWh energy storage project in Ghana.
Under the agreement, Huawei Digital Power will provide a complete smart PV & energy storage system (ESS) solution for the 1 GW utility-scale PV plant and 500 MWh ESS project, while Meinergy will be responsible for the development and construction of the facility.
The project aims to meet the increasing demand for power and accelerate economic development. The government of Ghana has set its strategic goal for renewable energy: Increase the proportion of renewable energy in the energy mix to 10%, promote green energy, and make power accessible nationwide by 2030.
Multinational renewables developer Gigawatt Global Cooperatief has signed a Memorandum of Understanding with the Economic Community of West African States (ECOWAS) to invest US$1 billion in renewable energy projects in the region.
Read moreWith confirmed participation of H.E Honourable Malick Alhousseini, H.E Honourable Professor Alfa Oumar Dissa, Ghana’s Ministry of Energy, Autorité Nationale de Régulation du Secteur de l'Electricité (Anaré), TOTAL, CI-GNL, Regional Liquidity Support Facility (RLSF) and West Africa Gas Pipeline Authority Company (WAGPA), the fast approaching Regional Energy Co-operation Summit 2018 will establish the roadmap for sustainable electricity trade in ECOWAS’ booming gas and energy markets.
Read moreENGIE and eleQtra, a UK-based developer of power and transportation projects in sub-Saharan Africa, signed a Joint Development Agreement that defines the terms and the schedule for the development and construction of the 50 MW Ada Wind power project in the Greater Accra Region in Ghana.
Read moreOn track to becoming a critical base-load component in meeting Ghana’s growing electricity demand, the Kpone Independent Power Plant (KIPP), which is being developed by Cenpower Generation Company, is expected to be commissioned before the end of 2017.
Read moreInternational Finance Corporation (IFC), UK Export Finance (UKEF) and a commercial bank group led by HSBC, ING, Société Générale and Standard Chartered Bank acted as lenders on the financing of Vitol’s participation in the Offshore Cape Three Points (OCTP) oil and gas field project involving the development of the Sankofa-Gye Nyame fields in Ghana.
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