Cameroon signs $1bn hydropower deal

In conjunction with Joule Africa, Cameroon is to develop a $1bn hydroelectric project in Cameroon.

The company said the project will increase the country’s current installed power generation capacity by about 40 per cent and would have an installed capacity of more than 450 MW when completed, reports Energy Business Review.

Joule Africa will undertake the project with local partner Bethel Industrievertretung of Bamenda-Cameroon and European engineering firm, Lahmeyer International.

Demand for electricity in Cameroon is projected to triple over the coming decade, requiring about an estimated 3 GW of additional energy infrastructure by 2020.

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