Canadian company Siginik says to build West Africa’s largest solar installation in Ghana

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Created on Tuesday, 05 June 2012 08:33

A Canadian company, Siginik Energy Ltd., says it has signed a definitive power purchase agreement (PPA) with the Electricity Company of Ghana Ltd. (ECG) to build a 50MW ground mounted tracking solar installation in Ghana.

According to Siginik, the power produced would be purchased by the ECG for a period of 25 years, adding that the installation would be largest solar project in West Africa.

The company also says in a press release that it expects to break ground within the next six months.

“Siginik and ECG intend on expanding on this initial project with a view to additional installations in Ghana, a country with ideal solar radiation and increasing power needs,” it says.

Mr. Daniel Azu, Divisional Manager, Regulatory & Government Affairs, ECG was quoted in the release as saying, “ECG is very excited about working with Siginik on West Africa’s largest solar installation. ECG is committed to providing its customers with consistent power with an increased focus on green energy.”

Siginik Energy Ltd., is a wholly-owned subsidiary of Episolar Inc.

By Emmanuel K. Dogbevi, ghanabusinessnews