EDF Creates JV to Plug Into Off-Grid Energy Market in Ghana
19 Janvier 2018 - 10:36AM
Dow Jones News
By Marc Navarro Gonzalez
Electricite de France SA (EDF.FR) and African startup Off Grid
Electric have formed a joint venture named Zegha to supply the
Ghana market with off-grid solar-power systems, the French company
said Friday.
EDF said Zegha will oversee the installation and maintenance of
solar-power kits for homes in Ghana's rural areas and on the
outskirts of towns.
Zegha is aiming for a Ghana market share of between 20% and 25%
by 2022, the utility company said. It added that it expects to
create 1,000 local jobs with the joint venture.
EDF said the power kits will comprise solar panels and batteries
for storing electricity, as well as energy-efficient appliances
such as radios, TVs and mobile-phone chargers.
"Off-grid power is becoming a strong contributor to the
expansion of our business and fits perfectly into our CAP2030
strategy, which aims to triple the EDF Group's international
business outside of Europe by year 2030," Marianne Laigneau, EDF's
senior executive vice-president in charge of the international
division, said.
Last year, EDF and Off Grid Electric started selling off-grid
solar kits in Ivory Coast through joint venture Zeci, the company
said.
Write to Marc Navarro Gonzalez at
marc.navarrogonzalez@dowjones.com
(END) Dow Jones Newswires
January 19, 2018 04:21 ET (09:21 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.