Renewable energy, real estate and free zone project developer Groupe Filatex is rolling out a series of renewable energy power projects in Madagascar in partnership with Canada-based energy development company Dera Energy as part of its efforts to address a dire electricity deficit, increase access to electricity by the country’s majority rural population and reduce the country’s historic reliance of carbon-intensive fossil fuels. The company is also developing 66 MW worth of solar photovoltaic (PV) projects in Côte d’Ivoire at a cost of €80-million; 10 MW of solar PV and 33 MW worth of hydropower in Guinea, at a cost of €8.5-million and €105-million, respectively; 20 MW worth of solar PV in Ghana at a cost of €17-million; and in advance negotiations to acquire a 8 MW hydropower plant in the Balkans with an expansion to reach 14 MW at a cost of €35-million.
