Announcements

Press Release
March 2019

Powership is Fully Operational After Short Disruption due to Electrical Fluctuations

Freetown, Sierra Leone – Karadeniz PowershipDogan Bey is back in full operation, after a short disruption caused by electrical fluctuations.Any issues related to the system were fully restored within hours and the Powership was giving electricity to the country within the same day.

Regarding the details of the issue, on March 1st, 2019, due to the sharp fluctuations in the frequency of the Sierra Leone national grid, the electricity supplied from the Powership was temporarily disrupted. Following the event, the staff and technicians on board of the Powership took swift action in coordination with

Sierra Leone Electricity Distribution and Supply Authority (EDSA) and restored the power. The damaged transformer was replaced with a new one. The grid started receiving electricity once again from the Powership, within 4 hours of the event.

Karpowership has a proven track record of supplying sustainable, reliable, and affordable electricity with its entire Powership fleet.
Given the successful partnership between EDSA and Karpowership since 2018, a contract expansion addendum had been added to the previously signed Utility

Grid Infrastructure & Electricity Supply Agreement on December 20th, 2018.
As per this addendum, a second, 36MW Powership, is to be located at Cline Town Bay, and will meet the increased demand of Sierra Leone’s growing economy.

The Powership has arrived in Cline Town as of March 4th, 2019 and will be generating electricity by end of March, 2019; following the completion of the site preparation works.

In addition to the 126MW Karadeniz PowershipDogan Bey in Freetown, this second, 36MW Powership will supply reliable and economic electricity at one of the lowest prices available to the people of Sierra Leone. The operation of the 36MW Powership named “Karadeniz PowershipGöktay Bey” will also significantly contribute to Sierra Leone’s electricity supply, health, nutrition, education, while creating employment opportunities.
Karpowership will continue to proudly serve the good people of Sierra Leone.

About Karpowership

Karpowership is the only owner, operator and builder of the first Powership™ (floating power plant) fleet in the world and plays an active role in medium to long-term investments; with more than 2500 employees globally. Currently, Karpowership owns and operates 20 Powerships with an installed capacity exceeding 3,100

MW and another 5,000 MW are under construction or in the pipeline. Karpowership is operational in Indonesia, Lebanon, Mozambique, Ghana, Sierra Leone, Guinea Bissau and Gambia. www.karpowership.com

For More Information
Nour Hahsim
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