Libya is making progress on the implementation of another large-scale solar project as state-owned General Electricity Company of Libya (GECOL) has inked a power purchase agreement (PPA) for the 200-MW Ghadames solar park that will be built in the northwest of the country.
The agreement was signed on Thursday at GECOL's headquarters in Tripoli with power producer AG Energy, the state-owned company said.
AG Energy, which develops energy projects in Africa with a focus on Libya, Algeria, Tunisia and Nigeria, received authorisation to set up a solar plant in the Ghadames municipality in January.
The project is part of the cooperation between GECOL and Libya's Renewable Energy Agency aimed at boosting the green energy capacity in the country.
The announcement comes just a few weeks after French multi-energy group TotalEnergies SE (EPA:TTE) and GECOL launched a 500-MW solar project in the north of Libya. The solar park will be built in the region of As-Saddadah and is the first and largest of its kind in the North African country, according to GECOL.
Meanwhile, W Solar Investment, a subsidiary of UAE-based Alpha Dhabi Holding, signed a memorandum of understanding with GECOL to build solar photovoltaic (PV) plants in Libya, targeting the deployment of 2 GW of capacity in the long term.
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