Siginik Energy to develop 50MW solar installation in Ghana

June 5, 2012
Facebook
Twitter
LinkedIn
Reddit
Email

Episolar’s subsidiary, Siginik Energy, advised that it had signed a definitive PPA with the Electricity Company of Ghana for the construction of a 50MW ground-mounted tracking solar installation. The energy produced by the project will be bought by ECG for 25 years. The companies advised that this would be the largest solar installation in West Africa and one of the largest on the continent.

Expected to break ground within the next six months, the project is expected to create around 800 highly skilled jobs. Siginik and ECG noted that they plan to expand the project with further installations in Ghana in the coming years.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“Siginik is very excited about this timely opportunity,” said Daniel McCormick, managing partner at Siginik. “Ghana is a fast growing economy in great need of power and we are happy we can contribute in a green, efficient way. This will benefit the general Ghanaian community as they can have more consistent power and in the short term, similar to the effects of the Green Energy Act in Ontario, facilitate the creation of a highly skilled green labour force which will be able to build future green and solar projects in the ECOWAS area.”

Read Next

November 4, 2025
Radovan Kopecek and Christian Peter look ahead to an event in Yiwu, China, later this month, where the wider commercialisation of high-efficiency back contact PV technology will be under the spotlight.
November 4, 2025
GCL Intelligent Energy, a subsidiary of Chinese polysilicon producer GCL Technology, has signed shareholder agreements for two clean energy projects in Indonesia with a combined capacity of 200MW.
November 4, 2025
Syncarpha Capital has completed construction work at the 7.1MW Acton solar-plus-storage project in the US state of Massachusetts.
November 4, 2025
Israel-headquartered IPP Enlight has secured US$150 million in financing to support a solar-plus-storage project in the US.
November 4, 2025
Average renewable energy PPA deal price fell marginally to €46.37/MWh (US$53.36/MWh) in Europe in the last week of October, per Pexapark.
November 4, 2025
Acen Australia has achieved full commercial operation at its 400MW Stubbo Solar project in New South Wales, making it the first solar PV power plant backed by a Long-Term Energy Service Agreement (LTESA) to reach this milestone.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany