Equatorial Guinea Solar Report

Total solar panel Production capacity is estimated to be 5 MW in Equatorial Guinea. ⁵

Equatorial Guinea can produce as much as 3,000 megawatts (MW) of solar energy. ⁶

The levelized cost of electricity found during the research period of (2013-2017) is as follows: ⁷

• Hydropower: USD 0.07-0.10/kWh
• Solar PV: USD 0.29/kWh
• Diesel Generator: USD 0.31/kWh

Equatorial Guinea has a production capacity of 349 MW of electricity 127MW from renewable sources and 222 MW from Non-Renewable Sources. ⁸

Energy produced by gas is 0.98 TWh (66.67%), hydropower is 0.48 TWh(32.65%)  and oil is 0.01 TWh(0.68%). ⁹

Projected Renewable Energy:

By 2025, Equatorial Guinea aims for renewable energy to make up at least 55% of its national energy matrix, equivalent to 362.114 MW. ¹⁰

No data found

No data found

Installed:

Currently, one solar farm is operating in Equatorial Guinea. ⁵

Projected:

No information found

Aptech Africa has successfully implemented solar power solutions in 11 villages, featuring system capacities of 5kWp, 15kWp, or 20kWp, and battery backups ranging from 12kWh to 36kWh. ¹¹

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The average monthly salary of a solar engineer in Equatorial Guinea is 712 USD/ month. ¹²

Equatorial Guinea is a small country with a population of 1,897,736 as of August 12, 2024. ¹³

Estimate for Factory Rent: 37 USD /m²/ month (2018). ¹⁴

Industrial Electricity Rates:0.2073 USD/kWh. ³

Water Costs: no data found

Key Components of Administrative Costs

Salaries and Wages: The average monthly salary of a solar engineer in Equatorial Guinea is 712 USD/ month. ¹²

Rent for Office Space: 11 USD /m²/month (2018). ¹⁴

Total installed electricity generation capacity: 349MW ⁹

Total generation: 1.47 TWh

Total consumption: No Data found

Per capita generation: 878 kWh

Per capita consumption: 850 kWh ¹⁵

Generation mix:  Equatorial Guinea has a production capacity of 349 MW of electricity 127MW from renewable sources and 222 MW from Non-Renewable Sources.⁸

Energy produced by gas is 0.98 TWh (66.67%), hydropower is 0.48 TWh(32.65%)  and oil is 0.01 TWh(0.68%). ⁹

Leading players:

The national electric utility company is Segesa, Equatorial Guinea Electricity Company (62% state-owned, 38% Spanish company Infinsa). ¹⁵

Transmission & Distribution 

Equatorial Guinea’s electricity sector is managed by Sociedad de Electricidad de Guinea Ecuatorial (SEGESA), with subsidiaries SEGESA Generation, SEGESA Transmission, and SEGESA Commercial. ¹⁶

SEGESA operates the country’s two small electricity transmission networks, which comprise approximately 80 miles of high-voltage lines. ⁷

Major power plants:

Some major power plants operating in Equatorial Guinea are as follows: ¹⁰

Djiploho Hydropower Plant

• Capacity: 120 MW
• Technology: Hydroelectric (Conventional storage)
• Location: Wele River, Wele-Nzas, Equatorial Guinea
• Commissioned in: 2012

Malabo Turbogas Power Plants

• Location: Malabo, Insular Region
• Capacity: 156 MW (Two units: 30 MW and 126 MW)
• Technology: Diesel and Natural Gas

Puerto de Bata Thermal Power Plant

• Location: Bata, Continental Region
• Capacity: 24 MW
• Technology: Thermal (Diesel)
• Status: Operational

Miyoman Thermal Power Plant

• Location: Continental Region
• Capacity: 12.2 MW
• Technology: Thermal (Diesel, 9 engines)
• Status: Operational

Ebibeyin Thermal Power Plant

• Location: Ebibeyin, Continental Region
• Capacity: 4.8 MW (3 units of 1.6 MW each)
• Technology: Diesel

San Joaquín Thermal Power Plant

• Location: Bata, Continental Region
• Capacity: 2 MW
• Technology: Diesel
• Status: Operational

Añisok Thermal Power Plant

• Location: Añisok, Continental Region
• Capacity: 1.6 MW (2 units of 0.8 MW each)
• Technology: Diesel
• Status: Operational

Under Construction Power Plants:

Sendje Green Field Hydropower Plant

• Capacity: 200 MW
• Location: Located in the province of Centro Sur, Equatorial Guinea
• Technology: Hydropower
• Status: Operational in 2026

No data found

No data found

Annobon Solar Power Plan ⁵

• Location: Annobon, Insular Region, Equatorial Guinea
• Capacity: 5 MW
• Technology: Photovoltaic (Solar)
• Status: Operational since 2017

Projected Solar Projects:

No data found

Here are some notable solar companies in Equatorial Guinea.

Aptech Afric ¹⁷

Aptech Africa is a leading solar and water pumping company in Africa, involved in installing solar systems in remote areas. They have installed 11 solar systems in various villages across Equatorial Guinea, providing off-grid solutions and promoting sustainable energy.

TotalEnergie ¹⁸

While primarily known for its oil and gas operations, TotalEnergies is also involved in renewable energy projects, including solar. The company has been exploring and expanding its renewable energy portfolio in Equatorial Guinea.

Panoro Energ ¹⁹

Panoro Energy is primarily engaged in oil exploration but has also started investing in renewable energy projects. The company is exploring opportunities to integrate solar power into its energy mix.

Machinesequipment ²⁰

Machinesequipments is a prominent manufacturer and exporter of solar panels and solar system products in Equatorial Guinea. They are known for providing high-quality, reliable, and trustworthy solar solutions to customers in the region.