November 23, 2018
By MoE Communication Unit.
The Ministry of Energy, Ministry of Finance, Public Private Partnership (PPP) and Energy Ministry Agencies (EDSA and EGTC) yesterday signed a 50 mw Solar project agreement with Planet Solar Energy S.L.
The signing took place at the Ministry’s Hall in Freetown, honored by the Minister of Finance, Mr. Jacob Jusu Saffa.
In his statement, the Country Manager of the Company (Planet Solar Energy), Johnny Dupini registered the company’s commitment to the government’s Agenda, adding that it was an effort to make more people access electricity nationwide.
He thanked all who contributed to the success of the project up to this stage and further stated that the project would deliver 50 mw solar systems across the country.
He explained that the project has been around for a while going through vital review which is good for the sustainability of the project.
Finance Minister, Mr. Jusu Saffa, outlined the many gains the project can offer to the people including reduction of tariff, cost savings for government, protection of government revenue and risk guarantee shifted to the company instead of government.
Energy minister, Alhaji Kanja Sasay, in his keynote address before the signing ceremony, encouraged the developers to start at once as the people were in need of electricity.
He assured them of the Ministry’s support at all times. He thanked the Ministry’s team, EDSA, EGTC, PPP and Finance Ministry for their efforts on the project to this stage.