Renewable Power Producer, Scatec has signed agreements for the installation of scalable solar photovoltaic plants in Cameroon and Chad, via its subsidiary ‘Release by Scatec’. Release is a pre-assembled, modular, and relocatable solar power and storage equipment offered under a leasing contract.
Hybrid solar plants for Cameroon
Scatec has announced that the company has entered into an agreement with electric-utility ENEO to provide two hybrid solar and storage plants in Cameroon totaling 36MW solar and installation of 20MW/19MWh battery storage systems. These facilities will supply low-cost, clean, and sustainable electricity to the two cities of Maroua and Guider in the ‘Grand-North’ region of Cameroon.
World Bank Group’s private sector financing arm, the International Finance Corporation (IFC) will support Release by Scatec on the initiative and will help the company, realize these projects by contributing 10-20% of the total Cameroon project costs.
Raymond Carlsen, CEO at Scatec, said “We are pleased to enter into this agreement with ENEO, which further fuels our journey to make renewable energy more accessible and affordable across growth markets. The deal marks our entry into the Cameroonian market, and we are proud to contribute with a cost-efficient and immediate solution to a cleaner and more stable electricity supply in a region suffering from power shortages caused by droughts limiting the supply of hydropower.”
Hans Olav Kvalvaag, SVP Release by Scatec, commented, “The structure of this project is unique as it ensures supply of clean and reliable energy for governments and utilities, without sovereign guarantee requirements or parliamentary approvals. We believe this model will be a sound solution for many utilities in Africa struggling with power shortages and grid instabilities.”
The projects will be delivered in phases, with the first solar power plant is expected to be delivered at the end of this year and the full project to be completed by mid-2022.
A solar power plant in Chad
Along with the hybrid solar and storage plants in Cameroon, the Release by Scatec has signed an agreement with solar off-grid provider ZIZ Energie for the delivery of a 7.7MWp solar photovoltaic plant in Chad.
This project will support reliable and clean energy access to 3 lakh people across five towns in Chad. ZIZ Energy is developing these off-grid solar electrification projects with the support of the Netherlands Development Finance Corporation (FMO) and Energy Access Ventures.
ZIZ Energie has recently received a financing facility of 4 billion CFA francs ($6.9 million) from the Development Bank of Central African States (BDEAC) to build grid infrastructure for providing access to electricity for industries and households in the proximity. Installation of the 7.7 MWp solar power plant is expected to complete within 2022.