HomeRegional NewsAfricaItalian firm sponsors global investment meeting

Italian firm sponsors global investment meeting

Building Energy, a multinational company operating as a globally integrated Independent Power Producer (IPP) in the Renewable Energy Industry, is taking part as a sponsor in the 20th annual Africa Energy Forum (AEF).

“We are pleased to sponsor the 20th anniversary of the annual Africa Energy Forum and to celebrate with the organisation the achievements of Africa’s energy community over the last two decades,” said Matteo Brambilla, the firm’s managing director for Africa and Middle East.

“Being at the AEF is an opportunity for us to get in touch with financial institutions and government representatives, power developers and professionals who already work in the African area.”

With a global footprint – with a particularly strong presence in Africa: six years since its entrance in South Africa – the company has been awarded more than 300MW of capacity in public tenders across four different technologies.

In April 2018, Building Energy signed a Power Purchase Agreement with the South African state for the construction, ownership and operation of a 147MW wind plant in Roggeveld, in the Laingsburg area between the Northern and Western Cape Provinces, which will generate approximately 613GWh per year.

The agreement also includes a 4.7MW small-hydro project in Kruisvallei, in the Free State Province. Building Energy will also finalise development and implement a 5MW wind project in Klawer, in the Western Cape, which will generate approximately 19GWh per year and two 5MW photovoltaic projects in Skuitdrift, in the Northern Cape, which combined will produce approximately 22GWh per year once fully operational.

From its offices in Cape Town, Building Energy manages and coordinates the development of more than 40 projects in Africa and the Middle East, across the technologies of solar, wind and small-scale hydroelectric energy, including inter alia projects in South Africa, Uganda, Mali, Malawi, Cameroon, Tunisia, Botswana, Zambia and Cote D’Ivoire.

One of Building Energy’s projects in Africa is a 10MWp photovoltaic plant in Tororo, Eastern Uganda, which started generating energy in October 2017. With a capacity of 10MWp (16GWh per year), the Tororo Solar Plant is among the largest in Eastern Africa and is catering to the energy needs of more than 35,838 people.

Ashley Theron
Ashley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa.