Green Energy WA

More than 20 000 jobs and an investment of over U.S. $ 3 billion, is the benefit to come from the solar energy project as announced the DACC Associates LLC MAMSKA Guinea-LTD and the utility of Guinea (EDG) announced on Tuesday, January 24 in Conakry.

The solar power project of 1000 MW is 100% funded by the U.S. partner DACC. In its activities, it will be assisted by international financial companies involved in the sector of renewable energy, said the president of Guinea Mamaska. This project, adds Mamady Kaba Sinkoun, will produce energy to sell to the EDG. After reaching the objectives of the project on an area of ​​about 6 to 7 years, plants and materials will return to the Guinean government.

However, the partner has set up a factory manufacturing solar panels with international standards to meet the demands at the country and export to the nearby regions. An ambition of size that is! In the future, we can see with how Guinea will become, if this project to be realized, the first African country to have a manufacturing facility on its soil.

In the first instance, or the pilot phase, the project wants to put in the Boke region a production of 50 MWC that will be distributed as follows: Boke 5 MWp with an annual production of 43,200 MWh, the village of Kamsar 5 MWp for annual production of 43,200 MWh and the mines 40 MWp for an annual production of 345,000 MWh.

Second, Mamska-DACC plans to install solar photovoltaic for all the mines in Guinea. Then, build solar power plants in the prefectures and Rural Communities Development (CRD). It should also notice that the power to be installed in each prefecture will vary between 3 MWp to 5 MWp, depending on the size of the region concerned and the needs of application.

The work on this project will soon begin to allow Guinea to have electricity 24/24 when we know that the electric current service, even in Conakry, remains to be desired.

Basma- International Green Energy News Correspondent – 25/01/2012.

The French oil company Total will consolidate its activities in solar energy by increasing in its U.S. subsidiaryin SunPower to 66%, to whom it will sell a French subsidiary, Tenesol.

In a statement on Friday, the solar panel manufacturer SunPower indicates that Total will raise its capital from 60 to 66% in exchange for assignment, for 165.4 million dollars, a company that Total 100% controls, Tenesol.

“SunPower has signed an agreement to acquire Tenesol SA, a global provider of solar energy which headquartered is in La Tour-de-Salvagny” (Rhône, east-central France), announced the U.S. company.

Under the terms of the agreement, SunPower will pay Total $ 165.4 million in cash, and the French energy giant will get in exchange a 18.6 million valued shares from SunPower (8.80 dollars per share) , “a 50% premium over the closing price of Sunpower” Thursday.

“After the sale of Tenesol, Total will own approximately 66% of the shares of SunPower,” they said.

Tenesol has operations in 18 countries and solar plants in France and South Africa.

SunPower, which is headquartered in Silicon Valley, California (Western U.S.), has operations in North America, Europe, Australia and Asia.

“Combining the activities of Tenesol and Sunpower is a step forward in Total’s strategy of becoming a global player in the promising area of ​​solar energy,” said the president of gas and solar power of the French group, Philippe Boisseau .

Total has taken control of SunPower this summer thanks to a friendly takeover bid of $ 1.38 billion, showing an intention to create a “world leader in solar energy” and the project to accelerate its investment in this area.

“We said that SunPower would be our arm in the sun,” added a spokesman for Total contacted by AFP, adding that “both companies are very complementary,” and that the approximation obeys a “real logical raphical “.

Basma – Green Energy WA News Correspondent – 16/01/2012

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