Chinese energy company Tebian Electrical Apparatus (TBEA) is planning to build a hydropower project in Gabon, in a public private partnership with the West African country's sovereign wealth fund. Construction of the € 180 million (USS 209 million) run-of-river project, which is to be developed with the Gabonese Strategic Investment Fund and will have an installed capacity of 70 MW in the first phase, will begin "soon", according to Liban Soleman, General Coordinator of the Bureau of Coordination and Planning for an Emerging Gabon, speaking in an interview on 3 September. "There will be multiple phases", said Soleman, who was in Beijing for the Forum on China-Africa Cooperation. The investment by TBEA, a private company involved in wind power in China and solar power in Pakistan, will be "direct, and not with debt". The project, known as FE2, is to be built on the river Okano in the northeastern region of Woleu-Ntem, near the border with Cameroon and Equatorial Guinea. The Okano is a tributary of the Ogooue river, rising in the northeast of the country, some 50 km east of Oyem, and draining into a watershed covering an area of 10 900 km2 before flowing into the Ogooue, equidistant from Lam-barene and Booue.
展开▼
