German solar system integrator Mp-tec is expanding its international operations by establishing a joint venture in Ghana, West Africa.
Mp-tec Solar Ghana will work with local investors and focus on commercially viable products, such as solar pumps and lamps, back-up and stand-alone systems.
Mp-tec CEO, Michael Priessel, said Mp-tech has local knowledge of the market and a product range “which offers the right solutions for acute issues such as power outages and a lack of electrification in rural areas.”
Mp-tec said Ghana’s solar market was attractive because of political stability, high electricity pricing and an increasing middle class population. The company is opening an office and warehouse in the capital, Accra and have previously worked in West Africa installing PV systems and training locals as part of a German investment and development project.
In 2008 Mp-tec opened its first international office in Ghana and founded the subsidiary: Mp-tec Solar Africa.
Ghana recently introduced a renewable energy bill which aims for 10% renewable energy generation by 2020.