InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed a Convertible Loan Agreement with Project Élan 1 SAS, committing up to US$1.7m to develop Project Élan Solar (Élan Solar) in Cameroon. The project is sponsored by established developers GSC Energy (Pty) Ltd and Sturdee Energy (Pty) Ltd and will be one of Cameroon’s first commercial-scale solar photovoltaic plants.
Élan Solar will be built in the Garoua area of northern Cameroon. Expected to be built in a single phase, it is anticipated that the 50MWAC plant will begin delivering much-needed power to the country’s Northern Interconnected Grid in 2021.
Cameroon’s current reliance upon hydro power has left supplies vulnerable to fluctuating rainfall. With the country’s population growing rapidly, the Government of Cameroon has identified solar as having considerable potential to stabilise supply; meeting growing demand for reliable electricity from homes and businesses.
Source: InfraCo Africa