Accra, Ghana 16 February 2024– PASH GLOBAL (PASH) and Engen Ghana Ltd. (EGL) have entered a formal financing, engineering, procurement, and construction contract to execute a Solar PV Hybrid Installation Project. EGL is one of the leading oil marketing companies in the downstream petroleum industry in Ghana. PASH will install battery storage capacity and solar PV modules on rooftop canopies and stores at various Engen retail service stations. The first pilot phase is now complete, with a fully operational system featuring a total storage capacity of 184kWh and solar PV capacity of around 100kWp (AC).
The project aims to enable selected Engen sites to operate fully off-grid, significantly lowering their reliance on mainstream electricity supplies and thus their electricity costs.
“This continues PASH’s exciting progress in Africa. Our persistent focus on the renewable energy development on the African continent has led to the development of this inspiring Solar PV Hybrid Installation Project with Engen Ghana. Like PASH, Engen is known for its contributions towards delivery of progressive and more sustainable energy solutions to its customers. We look forward to working hand in hand with Engen to increase local visibility of renewable energy for a fast-evolving African green transition’ – commented Kofi Owusu-Bempah, CEO & Managing Partner of PASH.
“At Engen, we put our customers first and are committed to seeking out more sustainable ways of operating, and this project forms part of our ESG strategy and our goals to redefine the traditional service station experience. Our ambition is for our service stations to become green community hubs. The first phase of this project will see the Solar PV hybrid installations at five (5) service stations, with a plan to progressively roll out across our entire network of over 50 service stations. This will ultimately result in lower energy costs, and a greener business footprint and contribute to the decarbonization of our energy system. Our vision aligns with PASH’s and we find them to be a reliable partner.” – commented Brent Nartey, Managing Director of Engen Ghana Ltd.
About PASH Global
PASH Global (PASH) is an energy transition investor. Headquartered in London, PASH was established in 2012 with the intention of using the latest innovations in technology to develop, finance, build, operate and maintain clean energy assets globally. As an impact investor, PASH works to enhance the social and environmental impacts of its Projects.
For more information on PASH, visit: https://www.pashglobal.com
Source: engen.com.gh