•  
  •  
  •  

Projects in Tanzania, Rwanda and Ghana win USD-7m ACF competition

Author: Gerry Machen. License: Creative Commons, Attribution-NoDerivs 2.0 Generic.

June 9 (Renewables Now) - Access Power announced on Wednesday that three projects in Tanzania, Rwanda and Ghana are the winners of this year’s USD-7-million (EUR 6.3m) Access Co-Development Facility (ACF) competition.

The 30-MW Kondoa solar photovoltaic (PV) project in Tanzania, the 48-MW Winneba wind scheme in Ghana and the 9.7-MW Rukarara hydropower project in Rwanda will share the prize. They will also receive technical support and will benefit from Access Power’s expertise.

The three winners were among five shortlisted developers that presented their projects in Copenhagen on Wednesday. They came from a technologically and geographically diverse pool of 82 entrants from 23 countries.

Both Access Power and its partner, independent power producer EREN Renewable Energy, will take minority stakes in the three projects.

Access Power noted that this year’s competition was dominated by solar projects and saw a high number of applications from countries with low levels of electrification.

(USD 1.0 = EUR 0.894)

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription