WASHINGTON, DC, January 14, 2016 Zoetic Global, a US-based project developer, has executed a 20-year power purchase agreement with the Electricity Company of Ghana (ECG) for 100 Megawatts of additive power generation at the nation’s Akosombo Dam on Lake Volta.
“We look forward to working closely with ECG and other key parties to provide additional power needed to support Ghana’s growth,” says Jerome Ringo, chairman and CEO of Zoetic Global. “This project will bring substantial, clean and immediate power on-line without environmental impact or societal disruption.”
Zoetic Global Signs 100 Megawatt Hydro Power Purchase Agreement with the Electricity Company of Ghana
Ghana President John Dramani Mahama touted the contract signed between Zoetic and ECG while emphasizing his administration’s comprehensive approach to energy production and the key role of renewables. “The Zoetic project is an ideal fit for our sustainable development platform. We welcome new developers bringing practical and impactful solutions like this to our country.”
The project will involve an array of modular hydrokinetic turbines to be deployed in the post-dam wash of the Akosombo Dam. The In-Stream Auger Turbine (IAT) technology being used is designed for high efficiency power generation from flowing water and will leverage existing infrastructure at the dam site including grid connections, access roads, and on-site maintenance buildings.