Terra Sola inks Guinea solar collaboration
- MoU with state power business paves way for applying a $500m integrated PV programme
Electricité de Guinée (EDG) and also Swiss developer Terra Sola have authorized a memorandum of understanding (MoU) to invest in a $500m programme to accelerate electrification in the African country.
Terra Sola has developed a global innovation and investment consortium to apply a large-scale integrated solar power programme, completing 500MW, in Guinea that includes numerous solar energy plants, energy storage space and distribution systems.
It also includes the establishment of a Human Resources Development Center that will certainly use training as well as a high-level qualification to EDG employees in order to take part in the industrial development of Guinea.
Terra Sola is energetic in more than 17 nations with a consolidated project profile of greater than 10GW of set up solar capacity, accompanied by different socio-economic benefits for the countries organizing these projects, such as training programmes, knowledge and also technology transfer, and also job creation.