GSE Energy is planning to develop a US$2.2 billion 500 MW solar power station in Cameroon, something that could substantially increase the country’s installed generation capacity. GSE is planning the project in collaboration with SA Consolidated Power Projects, Italy’s PLC System, Germany’s Sun Value, and SA-Canadian Hatch Goba.
The project is anticipated to be able to provide power at less than that of current electricity providers in the country. “Our aim is to supply energy at an affordable rate. We have done our sums and we are encouraged,” Steven Moti, chairman of GSC Holdings, says.
Cameroon intends to spend US$12 billion to triple electricity production to 3,000 MW by 2020 through a mix of hydro, thermal and solar projects. Like many countries in sub-Saharan Africa, Cameroon is eager to enhance power generation. Currently, the central African country produces just 933 MW of power.