Cameroon is on target to welcome its first renewable energy independent power producer (IPP) with the awarding of a US$ 777 000 grant to develop a 72MW solar photovoltaic (PV) power plan.
The Sustainable Energy Fund for Africa (SEFA) awarded the grant to JCM Greenquest Solar Corporation at the end of 2014. The grant will cover environmental and social assessments as well as the technical, legal and financial advisory services, the African Development Bank said in a statement.
The government has established a strategic Energy Sector Development Plan (PDSE 2030) with the objective of attaining a 75% electrification rate by 2030, up from 18% in 2013. A call for IPP’s will help achieve this goal.
The country relies on hydropower as its key power source which contributes 60% of the total installed 1 400MW capacity.
Director of the African Development Bank’s Energy, Environment and Climate Change Department, Alex Rugamba said:
‘This support will be critical in delivering Cameroon’s first renewable energy IPP and its success will have significant demonstration effects in the country’s power sector and the continent at large’.
(Pic Credits: dakak group)