By Jason Blackeye on Unsplash
Invest in or provide project financing for large-scale wind power generation to sell the generated capacity to the national energy grid. Projects can be, both onshore/land and offshore.
Wind Power Plant Developers: Presently there are 17 onshore wind power plants operated by private sector companies having Generation Licenses contributing to about 150 MW capacity. Some of these companies are subsidiaries of larger companies involved with renewable energy development (17). Examples of companies active in the IOA space:
WindForce Ltd., incorporated in 2010, is a supplier and facilitator of wind power. Their wind power plants are of commercial grade and constructed with breakthrough technology and unparalleled expertise. Their ultra-modern plants offer a steady, uninterrupted flow of electricity to the National Grid.
Senok entered into wind power projects in 2010. It is one of the first companies to develop wind power projects that reached the 10MW installed capacity threshold in 2010. As at 2021, there are 4 wind plants with a total generation power of 40 MW (11)
Wind-based electricity generation to serve household, commercial and industrial players. Increase the proportion of RE in the total energy mix.