Mon. Nov 25th, 2024

By Dipo Olowookere

ENGIE has signed an agreement with CDC, the Gabonese financial institution Caisse des Dépôts et Consignations, to deploy eight hybrid solar power plants in Gabon, representing a combined capacity of 2.2 MW.

The implemented solution was developed by ENGIE’s subsidiary, Ausar Energy in collaboration with CDC, the Gabonese Ministry of Energy, and the Gabonese energy and water company Société d’Énergie et d’Eau du Gabon (SEEG) and means that solar energy can be used in eight locations that are currently supplied by oil-fired thermal power stations.

With construction set to begin in a few weeks, this project will contribute to the Gabonese Republic’s proactive policy of using renewable energy – solar and hydropower – to increase the country’s energy capacities. The project will save the country 1 million litres of fuel oil per year, or 2,600 tonnes of CO2, and reduce generation costs by 30%.

Ausar Energy offers the African continent a hybrid solar power plant solution, with or without storage facilities, with capacities ranging from 50 kW to 2.5 MW. This solution is in line with ENGIE Group’s strategy of promoting decentralised generation and distribution of electricity from renewable sources.

This strategic priority is designed to ensure continuous access to energy in isolated areas that are not and cannot be connected to grids, as well as to limit the consumption of fuel oil, manage costs and reduce pollution.

By Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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