site is located in a very sparsely populated area in the Ningo-Prampram
District, around 50 - 60 km east of Accra, between the Accra-Aflao-Road in the north
and the Gulf of Guinea in the south. The Ayitepa Wind Farm will be constructed
over an area of approximately 15,000 acres. Due to its openness and
relative flatness, this location offers good and steady wind conditions, simple
road access, very little environmental constraints and an easy grid access
The following permits for the implementation of this project were received so far (status as per March 2018):
the Renewable Energy Act, 2011 (Act 832) and the approved feed-in-tariff for
wind projects in Ghana by the Public Utilities Regulatory Commission (PURC) in
2016, Upwind Ayitepa Ltd., our fully owned project company (SPV) in Ghana, will
hopefully finalize the
last outstanding documents (the required form of a Government Agreement backing the PPA) in the near
future. Respective negotiations and discussions for a so-called Put-and-Call Option Agreement (PCOA) with the Government of Ghana are well under way as per March, 2018.
Ayitepa Wind Farm will, once completely commissioned, have a capacity of 225 MW and will supply around 450,000 MWh of clean, affordable and reliable
electricity per year, which is produced locally, without need of fuel or gas.
It is scheduled that construction of the first phase of this project will commence early in 2019.
We expect that the 225 MW wind project will reach financial close by Q 04/2018, so that Lekela Power,
who will construct and operate the wind farm, can subsequently start construction.
More information about the Ayitepa Wind Power Project can be found under www.upwindayitepa.com.