(Ecofin Agency) - Dutch firm Gigawatt Global has signed with the government of Liberia a memorandum of understanding for the financing and construction of a 10 MW solar power plant in Monrovia, the capital.

According to the MoU, the European firm is to provide the government, via the Liberia Electricity Company (LEC), a roadmap for the infrastructure and technical and financial feasibility studies for the project which it will fully finance.

The government for its part will examine the various proposals and give its opinion within 30 days. It will also provide information relevant to the feasibility studies and complement procedures required for the provision of the site for the project.

Besides developing the plant, the company is also willing to add another 30 MW of solar plants across the Liberian territory.

Liberia presently generates 38 MW for about 10% of electrification rate.

Gwladys Johnson