Summary

A 20 MW solar PV plant in Gushei, Northern Region, supplying ECG under a 20-year energy-only PPA signed 24 July 2015. A flat PURC-approved feed-in tariff of 18.2464 US cents/kWh applies for the full term, with a take-or-pay obligation. Change-in-law risk is borne by ECG.

Key terms

Offtaker

Electricity Company of Ghana (ECG)

Signing date

2015-07-24

Financial close

—

Commercial operation

—

Contract end

—

Contract duration

20 years

Contract status

Active

Tariff structure

Energy-only

Capacity charge

—

Energy charge

USD 18.2464/kWh

Key risk features

Take-or-pay Currency indexation Change-in-law protection

Indexation formula

Flat Feed-in-Tariff of 18.2464 US cents/kWh, fixed for the full 20-year Term; no CPI or fuel-price indexation (solar). USD tariff paid in Cedis via a Seller-sourced Hedged Exchange Rate, reviewed quarterly in line with PURC's quarterly automatic tariff adjustments.