100 MW Yakadam Gomoa Solar Plant JV Announced

Yakadam Energy Ltd and Konsule Plus Holdings have signed a joint venture to develop the 100 MW Gomoa Solar Plant.

The JV will operate under the name Yakadam Gomoa Energy and will develop, finance, build and operate the Solar Plant inside the Gomoa Special Economic Zone. Konsule Plus Holdings is the mandated lead developer of the G-SEZ and will supply site access and zone coordination while Yakadam leads project development.

Yakadam Gomoa Energy will hold the land rights for the initial phase and plans a second phase to expand capacity to 200 MW. The first phase is designed to serve industrial demand within the zone and to establish a contracted revenue base ahead of expansion.

Generation from the Solar Plant is intended to be sold under long-term power purchase agreements to government utilities and factories operating inside the G-SEZ. A portion of output that remains uncontracted will be offered to industrial users outside the zone and to neighboring West African countries.

Yakadam Gomoa Energy will mobilise international funding to finance construction and the planned expansion. The combination of long-term PPAs for zone customers and sales to regional industrial buyers creates a mix of contracted and merchant revenue streams for investors and lenders to evaluate.