General Electric Company ( GE -0.36% ) announced today that the government of Equatorial Guinea has selected GE to provide the energy storage system for a new 5-megawatt solar microgrid, the largest self-sufficient solar power system in Africa. General Electric, along with MAECI Solar and Princeton Power Systems, will build a solar farm on Equatorial Guinea's Annobon island province, creating enough electricity to meet 100% of the island's current demand, according to GE. Currently, the island's 5,000 residents have access to reliable electricity for five hours per day, and spend around 15% to 20% of their total income on additional electricity, the company said. "We're excited to be a part of this historic project for Annobon Province and Equatorial Guinea," said Jeff Wyatt, General Manager of GE's solar and energy storage business, in today's press release.