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Business News of Saturday, 14 February 2015

Source: starrfmonline.com

Total invests $80m in solar energy farms in Ghana

Oil Company Total is collaborating with Neone Energy to develop two solar farms in the Northern Region.

The $80-million project, which is expected to be completed in 2017, will provide a total of 40 Megawatts of power to supplant the country’s present power pool.

Senior Business Development Manager of Total, Frederic Ciamous, told Starr Business, discussions are currently underway with the firms development partners towards efficient and successful completion of the project.

“To be successful in solar development, you need to aggregate a certain number of bio-skills and capabilities, and the reason why we have decided to partner with Neone in Ghana to develop solar farms is that it was a way for us to aggregate all those skills within one chain”, Mr Ciamous explained.