The Liberian government has signed a memorandum of understanding (MoU) with multinational renewable energy company Gigawatt Global for the financing of a 10MW solar PV plant in Monrovia in West Africa.

Foreign Affairs Minister Marjon Kamara signed on behalf of the Liberian government, while Remy Reinstein, the new projects coordinator, signed on behalf of Gigawatt Global. The signing took place at the Permanent Mission of Liberia to the UN in New York last Friday.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Regular insight and analysis of the industry’s biggest developments
In-depth interviews with the industry’s leading figures
Unlimited digital access to the PV Tech Power journal catalogue
Unlimited digital access to the Photovoltaics International journal catalogue
Access to more than 1,000 technical papers
Discounts on Solar Media’s portfolio of events, in-person and virtual

View all benefits & pricing

Or continue reading this article for free

According to reports, Reinstein indicated that the company has designs to install an additional 30MW in other parts of Liberia, aside from the 10MW plant in Monrovia.

The MoU states that Gigawatt Global will provide the Liberia Electricity Company (LEC) with a roadmap that details the process necessary for the construction of the 10MW plant. The government is to analyse any reports and studies submitted by the developer for approval within 30 days, as well as assisting in locating land sites for the facility.

Gigawatt Global currently has projects in Nigeria, Rwanda, Burundi and Georgia in the US.

Algeria

In similar news, Italian oil and gas major Eni has partnered with government-owned hydrocarbon company Sonatrach for a 10MW PV plant in the Bir Rebaa North (BRN) field.

The project is a step of the strategic cooperation agreement on renewables in Algeria that Eni's CEO, Claudio Descalzi, and Sonatrach’s CEO, Amine Mazouzi, discussed this summer, and is reportedly just one of the initiatives that the two companies plan to develop in the near future.

“Today Eni is the first oil & gas company to reach a strategic agreement in the field of solar energy in Algeria, a country with an important potential,” said Descalzi, in a statement.

The goal is to start activities on developing the facility before the end of the year.

UPCOMING EVENT

PV ModuleTech USA 2025

17 June 2025

Napa, USA

PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

UPCOMING EVENT

PV CellTech Europe 2026

10 March 2026

Frankfurt, Germany

The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

africa, algeria, eni, gigawatt global, liberia, memorandum of understanding, solar pv, sonatrach

JinkoSolar posts US$181 million losses in Q1 25, citing low prices and US tariffs

April 29, 2025

Chinese solar manufacturing giant JinkoSolar posted net losses of US$181.7 million in the first quarter of 2025 amid low product prices and “changes in international trade policies.”