The government of Gabon has signed a framework investment agreement with Desiba Energy, a Turkish company specializing in the development of solar energy, to facilitate the construction of the Mouila solar power plant in Ngounié Province, a project that has been in the pipeline for over two years.
The agreement was inked by Carmen Ndaot, the Minister in charge of Investment Promotion in Gabon, in place of Alain Claude Bilie-By-Nze, his counterpart in charge of Energy and Hydraulic Resources, and the CEO and managing director of Desiba.
The Mouila solar power plant project falls under Emerging Gabon Strategic Plan (PSGE), which was established by President Ali Bongo Ondimba, and whose objective is to develop abundant, competitive, sustainable, and accessible energy to all.
It is also a part of the Transformation Acceleration Plan (PAT) that intends to increase energy production capacities to 250 MW by 2023.
The expectation for the project
Upon completion (in a period of 12 months from the day it breaks grounds), the slightly over US$ 31.7M project with a planned capacity of 20 MW of electricity, is expected to supply 75% of its production (the equivalent of 15 MW) to the Central African country’s national grid for a kilowatt purchase price of US$ 0.17.
This purchase will be based on a power purchase agreement signed between the Turkish company and Societe d’Energie et d’Eau du Gabon’ (SEEG) or rather Gabon Energy and Water Company back in February this year.
According to Carmen Ndaot, the Mouila solar power plant will promote both population access to electricity and job creation because economic operators in Gabon will be able to develop industrial and economic activities.