US$200m for solar development in Cameroon

post 09.03.2015 of VTG news





Joule Africa, the international energy developer behind Cameroon’s proposed 607MW Kpep hydroelectric project, has entered into a Memorandum of Understanding (MoU) with the Government of Cameroon to develop 100MW of new solar PV facilities. The MoU was signed at the first ever UK-Cameroon Trade and Investment Forum, held 7 – 9 May in London and led by His Excellency Prime Minister Philemon Yang.

Joule Africa and Bethel Industrievertretung (BIIL), its local partner on this and the Kpep hydroelectric project, will now work together with the Government of Cameroon to identify up to five sites that are suitable to host the new facilities. These are likely to be in the north of the country, where solar irradiance levels are higher.

The solar project will bring further capital investment of around US$200m to Cameroon’s energy sector, increase current generating capacity by approximately 15 per cent and underscore the country’s commitment to renewable energy sources as a key component in its energy mix. The new facilities will be built in phases, with first commissioning scheduled to occur as early as 2015 and full commercial operation during 2017.


Newsletter sign up
Subscribe to receive email alerts on the latest news of Viettel Global.