ENGIE, a French multinational electric utility company, has signed an agreement with Gabonese financial institution, Caisse des Dépôts et Consignations (CDC) to deploy eight hybrid solar power plants in Gabon with a combined capacity of 2.2 megawatts (MW).
The new deal between these organizations now means that solar energy can be used in eight locations in Gabon that are currently supplied by oil-fired thermal power stations.
Construction is set to begin in a few weeks. The project will contribute to the Gabonese Republic’s proactive policy of using renewable energy, which included the use of solar and hydropower. It will also increase the country’s energy capacities and save Gabon 1 million litres of fuel oil per year, or 2,600 tonnes of CO2, and reduce generation costs by 30%.
The solar power system was developed by ENGIE’s subsidiary, Ausar Energy in collaboration with the CDC, the Gabonese Ministry of Energy, and the Gabonese energy and water company Société d’Énergie et d’Eau du Gabon (SEEG).
Ausar Energy is a joint venture of ENGIE and the Centum Adetel Group that specialises in embedded and industrial electronics, and manufactures conversion and electrical energy storage equipment.
ENGIE has been active in many African countries for over 50 years. The company has maintained its footprint through its energy engineering business, its natural gas purchase agreements with Algeria, Egypt and Nigeria and more recently, as an independent power producer in South Africa and Morocco.
The company’s Gabonese project is in line with ENGIE Group’s strategy of promoting decentralized generation and distribution of electricity from renewable sources.
It is designed to ensure continuous access to energy in isolated areas that are not and cannot be connected to grids, as well as to limit the consumption of fuel oil, manage costs and reduce pollution.