FOR IMMEDIATE RELEASE
Yaounde, Cameroon – Cam-Hydro is pleased to announce the formal signing of a Memorandum of Understanding (MOU) with the Government of Cameroon for the construction of a state-of-the-art hydroelectric dam on Friday 26th of January. The signing ceremony took place in Yaounde, symbolizing a commitment toward harnessing the power of renewable energy to drive economic growth and meet the rising energy demands of the nation.
Minkouma, a state-of-the-art 300MW hydropower plant will be developed on the Sanaga River in the Mbandjock Subdivision of the Haute Sanaga Division in Cameroon. The Dam will become a cornerstone of Cameroon’s energy landscape. With an emphasis on clean and reliable power generation, the project aligns with both Cam-Hydro’s dedication to sustainable solutions and the government’s vision for a greener, more energy-secure future.
The project encompasses the design, financing, construction, operation, and subsequent transfer of an efficient and sustainable hydropower plant in the Republic of Cameroon. The Minkouma Hydro Power Plant will bolster Cameroon’s installed sustainable electricity generation capacity, thereby fostering economic and social development within the region.
The location of the hydro powerplant aims to further strengthen the interconnection facilities throughout Cameroon and will enhance the link between existing regional grids (North, South & East). Notably, the completion of this project aligns with Cameroon’s ambitious National Development Strategy (SND30), which aims to achieve a target of 5000MW installed and operational capacity by the year 2030.
This MOU defines a framework for collaboration, emphasizing shared goals in harnessing renewable energy sources, promoting environmental sustainability, and fostering economic growth in the region. The Minkouma hydroelectric dam project represents a major investment in clean energy infrastructure, aligning with the global shift toward greener and more sustainable practices.
Key Highlights of the MOU Signing
Collaboration for Sustainable Development
The partnership underscores a commitment to sustainable development, emphasizing the importance of clean energy in meeting the region’s growing power demands. Strict adherence to environmental regulations, community engagement, and job creation initiatives are integral parts of the project’s ethos.
Strong international partnership
The signing ceremony was celebrated in the attendance of the Ambassador of the United States and the Ambassador of the Netherlands. Both ambassadors expressed strong support to the project and underwritten the importance of Minkouma as part of the NSD30 strategy. They also asked explicit attention for securing full compliance with good governance and social and environmental impact regulations.
Innovative Methodology and Technology
Cam-Hydro and its partners are planning to use the Early Contractor Involvement (ECI) methodology, an innovative approach that allows for better steering and control of the project throughout all its phases. The hydroelectric dam project will also leverage cutting-edge technology to maximize energy output while minimizing environmental impact.
Cam-Hydro and the government are dedicated to engaging local communities throughout the project’s lifecycle. This includes job creation, skills development, and community outreach programs.
This hydroelectric dam is designed to enhance the interconnection between the North Interconnected Network (RIN) and the South Interconnected Network (RIS). It represents an opportunity to boost the electricity coverage of the northern zone of the country as well as to improve the Cameroon-Chad electric interconnection, thus paving the way for the entire interconnection of Cameroon. At the local level, Minkouma will help meet the increasing energy demand in the Haute Sanaga Division.
A comprehensive timeline for the construction, testing, and commissioning phases has been established to ensure project delivery in a timely manner. First power is foreseen late 2029/early 2030.
Following the signing of the MOU, both parties are set to embark on the initial stages of the project, including feasibility studies, environmental impact assessments, and community consultations.
“The signing of this MOU marks a significant milestone in our shared vision for a sustainable future. Cam-Hydro looks forward to a fruitful collaboration with all our partners as we work together to bring this transformative hydroelectric dam project to fruition.”Justin Ntsama, CEO
Cam-Hydro is a leading player in the renewable energy sector, dedicated to pioneering sustainable solutions for a brighter and greener future in Cameroon and Africa.
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