The Parliament of Sierra Leone on November 25, 2024, ratified several agreements to advance solar electrification projects in Waterloo and Lungi, aimed at boosting renewable energy and economic development. The approved agreements include:
Power Purchase and Implementation Agreements for a 15-30 MW solar power project in Waterloo, managed by Waterloo Innovent Solar Park (WISP) Limited.
Power Purchase, Interconnection, and Connection Agreements for a 65 MW solar plant with battery storage in Lungi, under Lungi Power Development.
Key Highlights from the Agreements:
Projects will operate under Build, Operate, and Transfer (BOT) arrangements, transferring ownership to the government upon completion.
Tariffs will start at 12 cents per kilowatt-hour, lower than the current 18 cents, with further reductions expected.
Lungi’s project includes commitments to upgrade the Mini Stadium and two local bridges as part of corporate social responsibility.
Deputy Minister of Energy’s Remarks:
Dr. Eldred Taylor described the agreements as transformative, addressing sustainable electricity needs, reducing environmental challenges, and fostering economic growth. He emphasized the inclusion of battery storage for reliable power distribution and highlighted the affordability of the projects for citizens.
Hon. Keikura C. Vandy noted the projects would resolve energy distribution issues in Waterloo and bring significant benefits to Kaffu Bullum in Lungi.
Hon. Abdul Karim Kamara lauded the public-private partnership model and emphasized replicating it nationwide to promote renewable energy and reduce costs.
Hon. Rebecca Yei Kamara underscored the projects’ ability to enhance food preservation and attract further investment.
Hon. Aaron Aruna Koroma described the projects as essential for climate adaptation and called for improvements in electricity supply for Lungi.
Both ruling and opposition MPs commended the agreements for their developmental impact. Acting Leader of Government Business, Hon. Bashiru Silikie, called for robust parliamentary oversight to ensure successful implementation.
The projects aim to transform electricity access in Lungi and Waterloo, fostering economic opportunities, creating jobs, and addressing longstanding energy challenges.
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