Jordan Green agrees land deal for solar-powered green ammonia hub
Sep 20, 2024 5:52 CESTToyota Tsusho Corp (TYO:8015) announced on Thursday it will set up a 25-MW solar power plant in the Pobe region of Benin.
The project has been approved by the government of the West African nation. It marks the first large-scale renewable energy project by a Japanese firm in West Africa.
German company RMT, a subsidiary of the EIFFAGE Group, will be in charge of the engineering, procurement, and construction (EPC) works. Toyota Tsusho expects the construction of the solar power plant to be completed in 2024.
The facility will be built as a Japanese public-private partnership.
The project will support Benin's strategy to install 150 MW of solar power generation facilities by 2026. With the plan, the country aims to reduce the utilisation of thermal power plants and become less dependent on electricity imports from neighbouring countries.
Jordan Green agrees land deal for solar-powered green ammonia hub
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