TC’s Energy, a Ghanaian renewable energy production Company has taken another giant step by partnering a Swedish Wave Technology Developer, Seabased, to construct 100 megawatts wave energy in Ghana.
The 100 megawatts wave energy plant which will be constructed in Adda in the Eastern Region and will go a long way to help address the energy crisis bedeviling the country.
In an exclusive interview with WiseTV, the Chief Executive officer of TC’s Energy Company Mr. Anthony Opoku hinted that when the project is completed it will provide enough electricity for the country.
This he said, TC’s Energy which holds a power purchase agreement for 1000 MW with Electricity Company of Ghana Ltd will own and operate the wave plant.
According to him, the level of planning and permit is already in place. Making this commercial contract a world first in the fledging wave industry.
“The PPA and all necessary environmental permits, agreements and authorizations for the wave park project have been obtained, detailed drawings of wave park, layout have been made, and as recently as January 2018 a detailed round of the site investigations were conducted in the wane park area, including depth and seabed conditions in order to update reports from the pilot phase,” he explained.
Adding that, the plant is to be constructed with local content in mind. It is in this regard, TC’s Energy has therefore appointed Fidelity Bank Ghana Limited as a local bank for the project and GLICO Insurance Company as the local insurers for the project. Since Fidelity Bank Ghana Limited is the largest privately owned indigenous Bank and very vibrant financier in Ghana’s energy sector.
“This contact marks the culmination of a long process toward building Africa’s first scale Wave Park, and we hope will lead to the expansion of renewable energy across Ghana and West Africa,” said Opoku.
According to him, TC’s Energy is focused on developing and spreading renewable ocean energy throughout Ghana and the West Africa coast, which has a large population concentration.
The 100 MW plant could provide all the electricity needed for tens of thousands of Ghanaian homes.
According to Remi Gruet, the Chief Executive Officer of Ocean Energy Europe commended the government of Ghana for embarking on such visionary approach towards electricity production.
Seabased wave parks produce electricity using wave energy converters (WECs), which consist of buoys connected to linear generators. The buoys move with waves, this motion generates power.
Wave power is an emerging sector in the rapidly growing renewable energy industry, and has the potential to provide more than 100% of electricity generated globally.
Source:Isaac Kofi Dzokpo/wisetvonline.com