Libya pushes ahead with 200-MW solar project in Ghadames
- Libya is making progress on the execution of one more large-scale solar project as state-owned General Electricity Company of Libya (GECOL) has actually inked a power acquisition agreement (PPA) for the 200-MW Ghadames solar park that will be integrated in the northwest of the nation.
The arrangement was signed on Thursday at GECOL's head office in Tripoli with power manufacturer AG Energy, the state-owned company stated.
AG Energy, which creates energy projects in Africa with a focus on Libya, Algeria, Tunisia and Nigeria, obtained authorisation to set up a solar plant in the Ghadames municipality in January.
The project becomes part of the participation between GECOL and Libya's Renewable Energy Agency focused on enhancing the green energy capacity in the nation.
The statement comes simply a few weeks after French multi-energy team TotalEnergies SE (EPA: TTE) and GECOL released a 500-MW solar project in the north of Libya. The solar park will be built in the region of As-Saddadah as well as is the first and also largest of its kind in the North African nation, according to GECOL.
Meanwhile, W Solar Investment, a subsidiary of UAE-based Alpha Dhabi Holding, authorized a memorandum of comprehending with GECOL to develop solar photovoltaic (PV) plants in Libya, targeting the release of 2 GW of capacity in the long-term.