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China’s Solargiga Energy to develop solar farms in Ghana’s SADA region

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Solar panelChina’s Solargiga Energy Holdings has announced it has formed a joint venture to undertake 200MW solar power plantprojectsin Ghana.

The Chinese firm early this December signed an agreement with the Savannah Accelerated Development Authority(SADA) to form the venture company.

According to the agreement, DCH-Solargiga and SADA will own 90% and 10% equity
interest, respectively,inthe joint venturecompany.

Officials related to the deal indicated that the joint venture company willfirstly develop 40MW phase 1 solar power plants,with plannedtotal capacity of 200MW.

By EkowQuandzie

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