In 2010, Ghana announced plans for a solar energy park and negotiations are underway with Scandinavian-Arabic Chamber of Commerce (SACC). US firm Wild Brush Energy (WBRE) has signed a LoI with the SACC to pursue potential alternative energy projects which range from 10 MW to 150 MW.
The SACC could acquire the rights to develop the solar park which could produce 150 MW of energy, supplying power to about 48,000 homes. The $200 million contract, if approved, could generate more than $700 million in revenue over its 20-year term.
It is odd to see the SACC attempting to gain rights to Ghana’s solar energy park considering that its mission statement says it is a “forum for Scandinavian and Arabic parties to meet, exchange ideas, develop mutual business, and increase cultural understanding.” In WBRE’s press release, the company said: “…SACC would acquire the rights to develop a solar energy park in Ghana, North Africa.” Ghana is located in West Africa, and if SACC’s goal is to help “Scandinavian and Arabic parties meet,” why Ghana? The West African country’s religious composition includes 68.8% Christian, 15.9% Muslim, traditional or tribal beliefs 8.5%, no religion stands at 6.1%, and other is 0.7% (CIA World Factbook, 2000).
While it is exciting to hear more news of Ghana’s growing renewable energy sector, it is a little confusing as to why SACC is looking to take control of the project and how a company looking to invest in Ghana’s RE would confuse its location.
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