Lekela
Power says it is making real progress towards achieving the goal of delivering
1,000 megawatts of renewable energy across Africa over the next five years.
The
company is looking forward to leveraging its progress to help meet the rising
electricity demand in Ghana, Egypt and South Africa.
“These
are ideal places for renewable energy generation due to the abundant supply of
natural resources,” said Chris Antonopoulos, Lekela Power’s CEO.
Lekela
Power was launched early this year as a joint venture between Actis and
Mainstream Renewable Power to serve as one of the biggest international
platforms focused on renewable energy targeting the emerging markets.
The
firm already has 860 megawatts of wind and solar projects under construction or
due to commence construction next year across the three countries.
The
Ayitepa wind farm in Ghana will deliver 150megawatts of power to the country’s
energy mix.
Power
Minister, Dr. Kwabena Donkor says the country would have to depend on non-hydro
power in efforts to deliver 5,000–10,000 megawatts of power in the next five
years.
New
Business Manager of Lekela Power, Chris Mathews, who joined a panel discussion
focusing on Ghana at the Africa Energy Forum in Dubai, emphasized his company’s
commitment to efficiently manage the risk of construction and production of the
wind power project.
“We
look forward to cutting the ribbon sometime next year on the construction of
our project,” he said.
The
South African Government awarded Mainstream Renewable Power two wind farm
contracts under the latest round of its Renewable Energy Procurement Programme,
which will transfer into the Lekela Power platform.
The
projects, which have a combined generation capacity of 250 megawatts, are
expected to commence construction next year. Lekela Power already has an
additional 360 megawatts of wind energy projects currently under construction
in South Africa.
In
Egypt, the company has signed agreements with NREA and took possession of the
project land for a 50 megawatt solar PV facility in Aswan, and will shortly
take possession of the land for a 50 megawatt wind farm in the West Gulf of
Suez. Lekela Power has additional projects in the pipeline in Egypt.
“Reliable
electricity is a fundamental driver of economic growth”, Mr. Antonopoulous
noted.
Story
by Kofi Adu Domfeh/ in Dubia, UAE
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