Seabased signs contract for 100-MW wave plant in Ghana

Swedish wave energy company Seabased on Tuesday said it has signed one of the first and largest commercial contracts in the sector, for the delivery of a 100-MW wave energy plant near Ada, Ghana.

The deal is with Ghanaian renewable energy company TC's Energy, which will own and operate the wave plant. TC's Energy holds a power purchase agreement (PPA) for 1,000 MW with Electric Company of Ghana Ltd, according to the announcement. Seabased will design, manufacture and install the facility.

The contract was signed by Seabased chief executive Oivind Magnussen and TC's Energy chief executive Anthony Opoku at the Ocean Energy Europe offices in Brussels.

"The necessary studies, permits and PPA are all in place, and we have the experience of a successful pilot under our belt," Magnussen said. "We feel well-prepared to step into this final phase of manufacturing and delivering the wave park," he added.

"This contract marks the culmination of a long process toward building Africa’s first utility scale wave park, and we hope will lead to the expansion of renewable energy across Ghana and West Africa," said Opoku.

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