Yaounde, Cameroon, March 9, 2012 — Energy developer Joule Africa and the government of the Republic of Cameroon entered into a memorandum of understanding for the development of the Kpep Hydroelectric Project, an undertaking that will increase the country's current installed power generation capacity by at least 40 percent. When completed, the project is expected to have an installed capacity of more than 450 MW.
Located on the Katsina-Ala River in Menchum Division, north of the city of Bamenda (capital town of the Northwest region), and near the Nigerian border, the Kpep Hydroelectric Project is expected to greatly benefit the people of Cameroon.
In addition to the increase in power capacity, which will boost economic development, the project will create jobs, as well as opportunities for training and the transfer of industry expertise to local residents.
The government of Cameroon has identified increased power capacity as a key driver to realizing the country's ambitions of becoming an emerging economy by 2035. Demand for electricity in Cameroon is projected to triple over the coming decade, requiring at least an estimated 3 GW of additional energy infrastructure by 2020.
Joule Africa will undertake the development with local partner Bethel Industrievertretung Inc. Ltd of Bamenda-Cameroon, whose consulting services enabled this IPP, and leading European engineering firm, Lahmeyer International GmbH. Lahmeyer International GmbH is recognised as one of the top hydro engineering firms in the world and has extensive experience designing hydroelectric projects in Africa.