Mere Power Nzema Limited has announced plans to build Africa’s largest solar photovoltaic (PV) power plant in Ghana.
The 155 megawatt plant, which will be situated at Aiwiaso in the East Nzema District, is expected to increase Ghana’s current generating capacity by 6 percent.
UK-based renewable energy investor and developer, Blue Energy, the parent company of Mere Power Nzema announced this last week.
Mere Power Nzema will commence construction of the $400 million plant in 2013, and will start generating power in the fourth quarter of 2013 with full commercial operation by mid-2015.
The project will create 500 jobs over the two-year construction period and 200 permanent jobs. It is also expected to stimulate another 2100 jobs in the local economy.
Last month, Energy Minister, Joe Oteng-Adjei announced he was seeking $1 billion of private investment to help Ghana achieve its target of generating 10 percent of electricity from renewable sources by 2020.
The Nzema project will meet 20 percent of this generation target.
Chris Dean, Chief Executive Officer (CEO) of Blue Energy said: “The Nzema project is a serious investor response to Ghana’s effort to build a sustainable low-carbon energy economy which reliably powers industry and households for jobs and wealth creation. Blue Energy and our consultants HML Marine Power and Energy Ltd. have enjoyed working with the Ghana government to achieve this milestone.”
He commented: “Ghana’s forward-thinking strategy puts it in a strong position to lead the renewable energy revolution in sub-Saharan Africa. Nzema is a case study in how governments can unlock the huge potential for solar energy in Africa. We are delighted that it will make a strong contribution to the national economy, provide much needed generating capacity and help develop the skills of the future.”