As part of the PROMOTE ENR 2024 exhibition, the Managing Director of IED INVEST and Mr. Gaston Eloundou Essomba, the Cameroonian Minister of Water and Energy (MINEE), signed on 21 February 2024, the Memorandum of Understanding for the development of two small hydroelectric power plants on the "Pont-Vina" and "Mbalang-Djalingo" sites, in the Adamawa region,  in the vicinity of the city of Ngaoundere, as Independent Power Producer (or IPP) status.

Preliminary studies have already estimated respectively for these two sites nominal capacities of 3.7MW and 5MW, that will support production on the northern grid, and replace fossil energy (from diesel generators) by 100% renewable clean energy.

IED INVEST CAMEROON will rely on its very good Cameroon knowledge of over 15 years, on its local teams and on its experience of the Mbakaou phase I power plant (1.5 MW) started in 2022 : the first small hydroelectric power plant (PCH <5MW) developed in IPP on a PPP financing package.