Global energy company ENGIE has signed a joint development agreement with eleQtra for the development and construction of the 50 MW Ada wind power project in the Greater Accra Region, Ghana, Four Traders stated.
The company stated that the project is expected to require an investment of approximately $120m and to start operations early 2019, according to ESI-Africa.
ENGIE explained that the project was initiated by eleQtra Limited, the developer of power and transportation projects in sub-Saharan Africa.
The Ada wind project will contribute to the Ghanaian government’s objective of generating 10% of its electricity from renewable resources, the company noted. It is also in line with the country’s ambition to become a power generation hub in West Africa with the benefit of exporting power to its neighbors in the West African Power Pool.
eleQtra Partner, Ebbe Hamilton said that ”eleQtra is delighted to have ENGIE joining the development of what we believe will be the first wind energy project in Ghana. We will now start the next phase of the development in order to bring the project as soon as possible into operation.”