Business News of 2014-08-22

Canadian firm plans 15MW power plant for Ghana

Canadian power company, Solamon Energy Corp has announced a partnership deal with ZYK Links for the construction of a 15MW solar plant in Shama in the Western region of Ghana.
The firms have already submitted an initial Expression of Interest to the Energy Ministry for the design and construction solar plant.
The new partnership created in June will see the creation of Solamon Ghana to take advantage of not only the need for massive amounts of energy across West Africa, but effective immediately will also explore related opportunities matching the existing Solamon product line.
Solamon executives, Jay Yeo and Christian Giles are expected to be Accra next month, joining CEO Graeme Boyce, to register Solamon (Ghana) as well as attend the upcoming two-day conference, Solar & Off-Grid Renewables Africa, being held at the Movenpick Hotel, September 15-16, 2014, covering the West Africa region.
According to organizers, PV-Tech, "This high-level conference will explore the huge on- and off-grid market opportunities with an elite panel of over 45 international expert speakers, in-depth discussions, fantastic networking opportunities and a focused environment where deals will get done."
When Solamon executives came to Ghana in June, they met with numerous government ministers, administrators and officials to understand the process and impact of renewable energy sources on a very large and commercial level, whether solar, wind or thermal into the future.
To assure success on the ground, Solamon has concluded negotiations with and are happy to partner with ZYK Links. "They will help identify complementary product and services and opportunities moving forward in order to diversify and expand our product offering as we grow together with our numerous partners and suppliers," says Boyce.
Solamon Energy Corp typically offers a ground-mounted solar array of integrated cells over a package of land called the Apollo Acre. The company also develops custom solutions with local partners to provide roof-mounted and parking lot systems that are easily augmented by micro wind turbine technology and other innovative features to supply renewable energy locally.
Source: B&FT
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