Togo: French energy developer Meridiam wins contract to build and operate a 64 MWp solar plant in Sokodé

Energy

Wednesday, 06 December 2023 14:17

Togo: French energy developer Meridiam wins contract to build and operate a 64 MWp solar plant in Sokodé

(Togo First) - French Group Meridiam will build a 64 MWp photovoltaic solar plant in Sokodé, central Togo. The group sealed the deal with the Togolese government and EDF, on Dec. 4 in Dubai.

Under the agreement, Meridiam will fund, design, build, and operate the plant for 25 years.

During the #COP28, #Meridiam, the Rep. of #Togo and @EDF have recently signed a concession agreement for the design, construction, financing and operation of a 64 MWp photovoltaic solar #powerplant in #Sokodé #SolarEnergy #Sustainability https://t.co/sAG5AZXCi8 pic.twitter.com/UkmGcyBuLd
— Meridiam (@Meridiam) December 5, 2023

“We are proud to contribute through this project to Togo’s dual ambition of providing all its citizens with universal access to electricity and increasing its production of renewable energy,” declared Thierry Déau, founder of Meridiam.

A statement from Meridiam indicates that construction should commence in mid-2024, and over 200 local jobs will be created during construction and operation.

The plant will be precisely located in Salimde (Tchaoudjo prefecture in Sokodé). This will be Togo’s second solar power plant with Blitta’s.

Meridiam develops and operates over 500 MW of solar, hydro, wind, biomass, and geothermal projects in Africa.

Esaïe Edoh

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At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms….

ENFORCING CONTRACTS (more info)

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Creation of special chambers of commerce for small debts • Creation of chambers of commerce at the Court of Appeal • Civil and commercial cases now handled by distinct clerks • Establishment of commercial courts in Lomé and Kara • Lawyers and bailiffs now have access to the FORSETI COMMERCIAL platform • A maximum period of 100 days was fixed to settle a commercial dispute .

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