USTDA Awards Two Power Africa Grants to Ghanaian Energy Developers
June 24, 2016
(USTDA)
LONDON, United Kingdom – Today, at EnergyNet’s
18th Annual Africa Energy Forum, the U.S. Trade
and Development Agency signed two grant
agreements with Ghanaian energy companies.
“Together, these projects have the potential to
add 70 megawatts of renewable energy to Ghana’s
grid and to power 140,000 households,” said
USTDA’s Regional Director for Sub-Saharan
Africa, Lida Fitts. “We are proud to advance
the goals of Power Africa, a U.S.
government-led initiative to increase
electricity access across the continent.”
USTDA signed an $899,995 grant to Village Corps
Ghana Limited for a biomass-to-power project in
the Eastern Region of Ghana. Village Corps has
selected Recast Energy LLC (Richmond, Va.) to
conduct a feasibility study for a giant bamboo
farm and steam-based power plant, which has the
potential to generate up to 20 megawatts of
clean, renewable energy. The study will include
an assessment of the available biomass and
biomass logistics, a site recommendation, an
interconnection study focusing on power
evacuation to the grid, economic and financial
analyses, and a project implementation plan.
Recast Energy will also be conducting a
comprehensive social and environmental impact
assessment.
“Village Corps is proud to lead this effort to
help meet the energy needs of the Eastern
Region in Ghana,” said Mr. Norman Beaulieu,
Founder of Village Corps. “We look forward to
working with our partners and the communities
of the Akyem Abuakwa Kingdom to develop this
innovative clean energy facility.”
The second grant of $926,614 supports the
efforts of eleQtra (West Africa) Limited to
develop a 50 MW wind power project in the
Greater Accra region. The grant supports
technical assistance for the project’s
technical design and engineering, including a
bankable wind resource assessment.
Specifically, the assistance will include the
preparation of technical studies and reports to
determine the energy production, topographical,
geotechnical, grid interconnection and market
characteristics of the project. It will also
include the preparation of tender documents for
the selection of the EPC contractor and long
term service provider, as well legal support in
the negotiation and execution of project and
financing agreements.
eleQtra is a leading developer of power and
transportation projects in sub-Saharan Africa
and has been delivering greenfield power
infrastructure on the continent since 2005.
eleQtra’s strategy is to develop, invest in,
own and operate clean energy and transportation
solutions. “This project will help meet the
growing demand for energy in Ghana by
diversifying power sources,” remarked eleQtra’s
CEO, Mr. Gad Cohen. “We are proud to partner
with USTDA to develop innovative solutions for
the Ghanaian energy sector.”
The opportunity to conduct the USTDA-sponsored
technical assistance for eleQtra will be
competed through Federal Business Opportunities
(FBO). A link to the FBO announcement will be
posted to USTDA’s website at www.ustda.gov.
Interested U.S. firms should submit proposals
according to the instructions in the FBO
announcement.
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