Page 11 - AfrElec Week 09 2023
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AfrElec RENEWABLES AfrElec
Air Liquide, Sasol sign two PPAs
with TotalEnergies
SOUTH AFRICA Global industrial gases and services supplier statement said. The projects are scheduled to be
Air Liquide and Johannesburg-based integrated operational in 2025, subject to regulatory and
energy company Sasol have signed two Power financial approvals.
Purchase Agreements (PPAs) for renewable According to Ronnie Chalmers, vice pres-
power supply with French oil major TotalEner- ident of the Air Liquide group in charge of
gies and its partner Mulilo, Air Liquide said in a Africa, Middle East and India, the projects will
statement on February 21. “actively support the development of renewable
The PPAs are for the long-term supply of an energies in South Africa, for the benefit of the
additional 260MW to Sasol’s Secunda site, in South African electrical power system.” They
South Africa, where Air Liquide operates the will also contribute to the decarbonisation of
biggest oxygen production site in the world. the Secunda site.
The first set of PPAs was signed by Air Liquide “In line with Air Liquide’s ADVANCE stra-
and Sasol with Enel Green Power in January for tegic plan, which includes reducing its abso-
a capacity of 220MW. lute CO2 emissions by 33% by 2035, these
Together, these PPAs represent a total of PPAs also demonstrate the Group’s capacity
Sasol site in Secunda, 480MW of the joint commitment by Air Liq- to collaborate with its customers to provide
South Africa uide and Sasol to pursue the procurement of a solutions which contribute to the decarbon-
total capacity of 900MW of renewable energy isation of its assets as well as of its clients,”
for their operations in Secunda. Chalmers noted.
TotalEnergies and Mulilo will create one The two companies are negotiating addi-
local majority-owned wind project with a capac- tional PPAs to complete the balance of
ity of 140MW and one local majority-owned the renewable energy requested, said the
solar project with a capacity of 120MW, the statement.
Evtec Energy to build $150mn solar power
plant in Nigeria for MICT’s Tingo Foods
NIGERIA EVTEC Energy Plc of Switzerland plans to con- the agreement of financial terms and condi-
struct a zero-emission solar power plant worth tions). Under the terms of the partnership, Tingo
$150mn in Nigeria, global agri-fintech group Foods will enter into a Power Purchase Agree-
MICT has announced. ment (PPA). Additionally, through their part-
MICT revealed that its wholly-owned nership and collaboration, Tingo Foods, Evtec
subsidiary Tingo Foods had signed a part- Energy and their technology partner TAE Power
nership agreement with Evtec for a new will explore similar projects throughout Nigeria
110MW solar energy plant to power its food and Sub-Saharan Africa.
processing facility, located in the Delta State Dozy Mmobuosi, founder of Tingo Mobile
of Nigeria. Limited and Tingo Foods PLC, comment-
The solar power plant will serve as a sustaina- ed:“Our partnership with Evtec Energy is a sig-
ble and low-cost energy source for Tingo Foods’ nificant step toward establishing a sustainable
new $1.6bn facility, which is scheduled to be and innovative future for Nigeria’s and Africa’s
completed by the end of the first half of 2024. agro-industrial sectors. Our commitment to cre-
It is believed to be the largest of its type in ate jobs and boost economic growth is unwaver-
Africa, and will multiply the processing capacity ing and through our collaboration with leading
of Tingo Foods, enabling the company to expand technology experts we can realize our vision of
its range of offerings, lowering Africa’s reliance a green and prosperous future for Africa. This is
on imports. just the beginning of our journey into the sus-
The 110MW solar plant will be financed by tainable energy sector, and we look forward to
Evtec Energy alongside its financial partners: exploring new possibilities for collaboration and
Credit Suisse, JPMorgan, and Roth (subject to innovation in the future.”
Week 09 01•March•2023 www. NEWSBASE .com P11
