Coca-Cola Bottling Company and CrossBoundary Energy signs Ghana’s largest commercial solar deal
The Coca-Cola Bottling Company of Ghana (TCCBCG), which is a part of Equatorial Coca-Cola Bottling Company Group, and CrossBoundary Energy, today announced the signing of a commercial solar services agreement for CrossBoundary to install and operate a 1.33 MWp solar power plant at the TCCBCG’s Accra bottling facility.
This agreement is Ghana’s largest commercial solar services agreement and Equatorial Coca-Cola Bottling Company’s first commercial and industrial power purchase agreement (PPA) in West Africa, as it seeks to preserve the resources and environment of this region.
The Solar system will be funded and operated by CrossBoundary through a 15-year solar services agreement with TCCBCG. The Solar system will help TCCBCG to reduce the price on its cost for power and also reduce its carbon emissions by over 25,000 tons for the period of the plant’s 30+ year lifetime.
The Public Affairs and Communications Manager of TCCBCG, Bethel Yeboah, said the company is committed to preserving Ghana’s resources to generate sustainable growth. He said aside the solar system project there other initiative like plastics recycling and water conservation, that the company will use to generate a positive environmental and economic impact for its consumers and communities.
Under the solar services agreement with TCCBCG, CrossBoundary will finance the construction and oversee the management of the plant. TCCBCG will only pay for the power produced and the tariff will include all maintenance, monitoring, insurance and financing costs.
The plant will be roof mounted and would have an automated integration with the existing grid and diesel supply. This project expected to create about 20 jobs in Ghana.
CrossBoundary has engaged Solarcentury to construct the plant and SolarAfrica to manage project delivery.
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