Guinea’s First Grid-Connected Solar Project Signs PPA
The 40-MW Khoumagueli solar project in Guinea has taken a step forward with the signing of a 25-year power purchase agreement (PPA) with Electricite de Guinee (EDG).
The independent power producer (IPP) project will be the first grid-connected photovoltaic (PV) array in Guinea.
The PPA milestone was announced on Wednesday by InfraCo Africa, which is developing the project with the support of Aldwych Africa Developments Ltd, in partnership with French solar developer Solveo Energie SAS. It comes after a concession agreement was signed in February 2019.
The Khoumagueli solar project will complement the nearby 75-MW Garafiri hydroelectric plant to optimise renewable energy supply to the national grid. The solar facility is expected to reduce the impact of fluctuating rainfall on the Garafiri plant’s generation.
“The signing demonstrates the ongoing commitment of EDG and the Government of Guinea to developing the country’s clean energy sector,” said InfraCo Africa chief executive Gilles Vaes.
Engineering, procurement and construction (EPC) sourcing for the project is at a mature stage, according to the announcement, and talks with lenders have started.
InfraCo Africa is part of the Private Infrastructure Development Group (PIDG). Through PIDG’s publicly funded trust it receives funding from governments in the UK, the Netherlands and Switzerland.
Source: renewablesnow
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