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Gigawatt Global to invest US$2b in generating 1000Mw of solar power for Africa

Posted on : Thursday , 12th February 2015

Gigawatt global is set to spend about US$2billion in developing and pumping 1000Mw of solar power in Africa by 2020.

 
Dutch company Gigawatt has said the 1000MW power project will have its roots in East Africa where the largest photovoltaic field will be built in Rwanda. Burundi is one of the countries that could also benefit when this facility is expanded.
 
The photovoltaic field solar power plant will help to serve electricity to 11 million people in Rwanda. It will cost $23.7-million and generate 8.5 MW according to Yosef Abramowitz, Gigawatt’s president. Gigawatt Global is a single source for financing, technology, and strategic planning firm.
 
GWG partners with select local management teams and brings the company’s relationships, expertise, and track record to create professional, achievable solar power projects.
 
Gigawatt Global has already signed a memorandum of understanding with the Ministry of Energy and Mines for the solar photovoltaic (PV) power plant, which is also expected to cut down expenses incurred from diesel power generation

Source : construction review online

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