THE wholly Ghanaian-owned Jospong Group of Companies (JGC) has signed a Memorandum of Understanding (MoU) with McDavid Green Solutions (MDGS/MDPower LLC) for the construction of new waste-to-energy plants in Ghana.
The MoU was inked by the Executive Chairman of JGC, Joseph Siaw Agyepong, and the President of McDavid, Mark Boswell, embodying their respective companies.
Under the MoU, the first waste-to-energy plant will be put up in Dawa, a new industrial enclave in the Kpone Katamanso Municipality in the Greater Accra Region, at a cost of $70 million.
The construction and completion of a typical waste-to-energy plant, according to the President of McDavid, takes between 12 and 16 months.
Sustainable waste management
According to the Executive Chairman of JGC, the waste to plant technology, when implemented successfully, would help the country to sustainably manage 100 percent of the different waste streams generated, adding that many countries that were approaching zero waste had incorporated waste to energy technologies in their waste management system.
‘Waste to energy technology is efficient, particularly for waste comprising high energy materials such as plastics, paper, and wood, which currently form about 40 percent of the waste stream,’ said Siaw Agyepong.
About the partner companies
Jospong Group of Companies (JGC) is one of the most diversified holdings companies in Ghana with operations in other African countries and Asia and business interest in nearly 14 sectors of the economy including waste management, ICT, and banking as well as automobile and equipment.
Marcdavid Green Solutions (MDGS) is an international green energy company that was originally founded in the United States and which aims to provide environmentally- and economically-superior solutions to one of the biggest challenges that modern society faces i.e. municipal solid waste.