At the conclusion of a working session held at the summit of state by Vice-President Teodoro Nguema Obiang Mangue, the green light has been officially given to launch in-depth negotiations with the Chinese company Beijing Weineng (BWI).


This initiative aims to channel an investment envelope estimated at 150 million dollars, or nearly 90 billion CFA francs, to build and operate photovoltaic solar parks on national territory. The energy thus generated will be intended for repurchase by the public distribution company, SEGESA, in order to inject indispensable green megawatts for grid stabilization.

This opening toward solar responds to a structural urgency. For more than a decade, the country's installed capacity has stagnated around 349 megawatts, leaving the productive apparatus and populations dependent on nearly 68% of natural gas-fired power plants, supplemented by a hydroelectric contribution of about 31%.

The partial obsolescence of these installations, combined with episodes of turbine breakdowns, regularly plunges the capital Malabo into penalizing electricity outages for economic activity. While the urban service rate officially shows broad coverage, territorial disparities and infrastructure fragility call for a overhaul of the supply strategy, especially as supplementary purchases from neighboring countries prove marginal.

For the Asian investor, traditionally positioned in other industrial segments, this positioning in CEMAC territory marks a strategic incursion into sustainable infrastructure. Government services have been instructed to quickly establish the contractual framework including site location, kilowatt-hour tariff grids, and purchase guarantees with the aim of sealing the agreement before the close of the fiscal year.


Through this pioneering project, Malabo intends not only to quell endemic load-shedding, but also to initiate the diversification of its energy model beyond its traditional gas revenues.


Nlend Flore

Tags: énergie solaire guinée équatoriale beijing weineng investissement étranger parcs photovoltaïques segésa transition énergétique cémac délestages énergies renouvelables