French multinational electric utility company, ENGIE, has signed an agreement with financial institution CDC to deploy eight hybrid solar power plants in Gabon, representing a combined capacity of 2.2MW.
The implemented solution will be developed by ENGIE’s subsidiary, Ausar Energy in collaboration with CDC, the Gabonese Ministry of Energy, and the Gabonese energy and water company Société d’Énergie et d’Eau du Gabon.
Ausar Energy has been established to develop hybrid solar power plant solutions, with or without storage facilities, with capacities ranging from 50 kW to 2.5MW.
With a sense of pride of this development, the general coordinator of the strategic emerging Gabon plan, whose Twitter is @libansoleman, said: "Signature between the #CDC and @ENGIEgroup of an agreement for the deployment of 8 hybrid solar power plants with a cumulative power of 2.2 MW for 8 localities currently supplied by oil-fired power plants."
Signature entre la #CDC et @ENGIEgroup d’un accord pour le déploiement de 8 centrales solaires hybrides d’1e puissance cumulée de 2,2 MW en faveur de 8 localités actuellement alimentées par des centrales thermiques au fuel. #AUSARENERGY @ENGIEInnov #Gabon #SEEG pic.twitter.com/jESK6r9vnv
— Libansoleman (@libansoleman) August 6, 2018
A company statement noted that this development means that solar energy can be used in eight locations that are currently supplied by oil-fired thermal power stations.
With construction set to begin in a few weeks, this project will contribute to the Gabonese Republic’s proactive policy of using renewable energy including solar and hydropower to increase the country’s energy capacity.
“The project will save the country 1 million litres of fuel oil per year, or 2,600 tonnes of CO2, and reduce generation costs by 30%,” the company stated.