Accra, Feb. 15 – Eni-Ghana has signed two separate Memoranda of Understanding with the Volta River Authority and the Bui Power Authority to develop power generation from renewable sources.
The signatories of the agreement are Mr Emmanuel Antwi-Darkwa, the Chief Executive Officer of the Volta River Authority, Mr Fred Oware, the CEO of Bui Power and Mr Luca Cosentino, the Executive Vice President of Eni Energy Solutions.
This was contained in a statement issued by Mr Cioni Anna Marilia, the Regional External Communication Advisor of Eni-Ghana, and copied to the Ghana News Agency in Accra.
The MOU with the Volta River Authority was aimed at developing solar energy projects on the Volta Lake through the deployment of floating solar energy technologies.
It said the agreement with the Bui Power Authority is aimed at developing renewable energy projects to be implemented in the Northern Region within the Bui Power enclave.
The statement said both initiatives would have utility scale that would result in a reduction of the level of CO2 emissions and the creation of economic value for the country and local stakeholders.
She said these activities were in line with the government’s strategy that targets increase in power generation from renewable energy sources, to rationalize the use of energy and to expand the use of renewable energy sources as a component of the country’s energy mix.
She said the gesture was also part of Eni’s long-term business strategy to contribute to the transition of energy towards a low-carbon future, which involves promoting the growth of renewable sources and supporting their more extensive use in countries where it operates, while encouraging research into new sources of energy.
Eni-Ghana, is an integrated energy company with a global presence, committed to grow in the activities of exploration, production, transportation, transformation and marketing of oil and gas and production of electricity.