Summary

A 400 MW solar PV plant in Kusawgu, Northern Region, supplying ECG under a 25-year energy-only PPA signed 11 June 2013 (extendable by 5 years). A flat PURC feed-in tariff of 22.6372 US cents/kWh applies for the first 10 years, renegotiated within a PURC range thereafter, with a take-or-pay obligation.

Key terms

Offtaker

Electricity Company of Ghana (ECG)

Signing date

2013-06-11

Financial close

—

Commercial operation

—

Contract end

—

Contract duration

25 years

Contract status

Active

Tariff structure

Energy-only

Capacity charge

—

Energy charge

USD 22.6372/kWh

Key risk features

Take-or-pay

Indexation formula

Fixed USD rate for years 1-10; year-11 reset negotiated within a PURC range with a floor at the original rate, applying for the remaining 15 years.