Korean firm plans building 300 megawatts solar power plant in Ghana

Halla Energy and Environment, a Korean firm specialized in renewable energy, plans to invest in the country’s energy sector through building a 300 Megawatts solar power plant.

Officials of the company and its representative in Africa MAGCOR, last Thursday met with the Energy Commission in Accra, for discussions over the proposed investment, as part of their feasibility studies.

The Vice-President of Halla Energy, Kim Byung, briefing the media disclosed they had fruitful preliminary discussions with the mission, adding that the investment climate in the country was conducive for investment in the energy sector, because Ghana was abounds in sunlight.

With its 30 experience in the energy sector and environment al industry, Halla is now concentrating on renewable energy such as wind power and solar energy as substitutes to fossil fuels, to reduce carbon dioxide generation.

Mr Byung said Halla had the capacity and capability to build environmental industrial plants, civil construction works on turnkey basis, ranging from feasibility studies to design, manufacture, construction and operation, as well as maintenance.

He assured of Korean government support with this investment plan, once the Ghanaian authorities had given them the green light.

Mr Byung said Halla had contributed to the economy of Korea and decided to turn attention to the energy sector of Ghana, because of the bilateral relationship between Korea and Ghana.

The Vice President, told journalists that Halla is a company in good standing in the international business community.

David Yeboah, Member of Parliament for Afogya Sekyere East, in the Ashanti Region, and a member of MAGCOR, said the company’s investment would create4 more competition in the country’s energy sector and eventually lead to the reduction of the cost of power in the country.

Source: Ghanaian Times