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Cameroon and Proventure Energy to sign a solar power deal soon

After the  recent visit to Cameroon by the leaders of Proventure Energy on August the 3rd to August the 8th 2015,news has filtered into our news desk that the Indian company will soon sign a contract for the development of solar energy in Cameroon. Sources at the Prime Minister's office have also suggested that the agreement will be centered on the creation of a photo-voltaic-solar plant with a 100 megawatts capacity.

An aide to Prime Minister Yang Philemon who spoke to Cameroon Concord but sued for anonymity noted that the project will involve many areas in the hinterlands without electricity. However, the investment cost has not been revealed by both parties. 

The government of Prime Minister Yang has been attempting to seek lasting solutions to the energy crisis in the urban centers and the complete absence of electricity in rural communities. Thus, in June, Basile Atangana Kouna, the Minister of Water and Energy, announced the launch of a solar photo voltaic project, costing 53 billion CFA francs, financed by the Eximbank of China. The first phase of this project will benefit 13 000 rural localities in all the 10 regions of the country.

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Cameroon Concord  is an online publication covering and reporting on  local and world news, sports, entertainment, politics, business, and religious news. Serving Cameroonians .



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