Renewable energy
South Africa's power struggles have opened up a window of opportunity for renewable solutions.

French renewable energy developer Global EcoPower (GEP) has bought over Morocco-based Nova Power, enabling GEP to extend into North and West Africa as well as the middle-east.

The first purchase instalment has been capped at $15.3 million (ZAR173 million) while the second payment is dependent on Nova’s performance, PV tech reported.

Nova has signed a contract with Total to develop solar power plants in Nigeria with a combined generation capacity of 500MW.

According to Nova’s plans, work on the first 125MW will commence at the end of 2015. Plans are in place to begin developing the other plants in 2016 with a capacity of 150MW.

Jean-Marie Santander, president and CEO, GEP highlighted the importance of integrating renewable energy into a country’s energy mix.

“We see daily the challenges the production of electricity represents, especially in terms of governance. Now the ‘green growth’ demonstrates that renewable energies are essential in the energy policies of the states and major energy companies. In Africa, only the Maghreb countries or East Africa can count on the wind power, while other countries need to rely on solar power”, Santander said.

Previous articleDA pushes for local content in Northern Cape
Next articleUS consortium powers West African island
Avatar
Nicolette Pombo-van Zyl has been working in the African power, energy and water sectors since 2011, first with African Utility Week and now as the Editor of ESI Africa. She is also an Advisory Board member of the Global and African Power & Energy Elites publications. With her passion for sustainable business and placing African countries on the international stage, Nicolette takes a keen interest in current affairs and technology trends.