As already announced at an earlier stage, we have been planning and developing wind energy projects in Ghana for the Swiss holding corporation Upwind International AG for several years now. Due to the fact that since last August, an attractive feed-in tariff for wind energy is in place in Ghana and that the Government is also eager to realize the targeted energy mix for the country by the implementation of wind parks, we are moving our wind park projects constantly forward.

In the meantime, we have handed in to the Energy Commission the building license applications for totally 6 wind parks, which are being planned on the Atlantic coast between Tema and Ada. All six projects together have a maximal installed capacity of 876 MW, which is being applied for. Corresponding negotiations with the offtaker (Electricty Company of Ghana Ltd.) for taking on the produced electricity (PPA-negotiations) are already in progress.

The planned totally installed capacities for the individual wind parks depend on the final choice of the wind turbine model, which hasn’t occurred yet.

We expect to receive the provisional building and operation licenses (provisional wholesale supply and generation licences) for the 6 projects within the next weeks. These projects would be the first wind parks in Ghana to receive this kind of license.

In future, we will be reporting in regular intervals about the further progress of our projects in West Africa.