Page 13 - AfrElec Week 20 2021

AfrElec WASTE-TO -ENERGY AfrElec

Kibo Energy to develop

waste-to-energy in SA

AFRICA KIBO Energy has entered into an agreement subject to independent review.
with South Africa-based Industrial Green Solu- Kibo outlined that the capacity for this initial
tions to jointly develop a portfolio of waste-to- project is to be scaled up from c. 2 MW to 8 MW,
energy projects in South Africa. in 4 x 2-MW phases over three years, while the
The African focused energy firm said the project development is expected to last for the
agreement, which is subject to the satisfaction of first phase of 2 MW for no longer than 16 months
certain conditions, is in line with the firm’s strat- including construction, it noted.
egy to integrate renewable energy into its project “This opportunity to enter the South African
pipeline, which includes three utility-scale power waste-to-energy market in strategic partnership
generation and mining projects. with Lesedi and IGES, is a win-win for all par-
Under the terms of the deal, Kibo will own ties,” said Louis Coetzee, CEO of KIBO.
65% of Newco Energy, which will hold the waste- “For Kibo, today’s agreement is in line with
to-energy project portfolio, with IGES holding our strategy to integrate sustainable environ-
35%. mentally friendly energy generation into our
The portfolio’s initial target is to generate portfolio, which could shortly include waste-to-
more than 50 MW of electricity for sale to indus- energy projects in the UK, currently the subject
trial users. of a due diligence investigation.
The initial project pipeline will comprise The 50-MW project pipeline also positions
seven projects and will utilise pyrolysis technol- Kibo squarely in the new and exciting renewa-
ogies to convert waste non-recyclable plastics to ble energy industry in South Africa and places
syngas for the generation of energy. us firmly on a programme to production and
The pyrolysis technology is to be supplied by revenue in the short to medium term,” Coetzee
a local international technology firm in the form added in this morning’s statement.
of a waste-to-energy conversion plant, while Kibo said its efforts to enter the market come
the syngas is to be stored on site and fed into gas at a time when electricity is in short supply in
engines to generate electrical power. South Africa and that, despite the efforts of the
The firm said off-takers for all seven projects management of national utility Eskom, rolling
have been identified, and that power purchase blackouts have remained an integral part of the
agreement (PPA) negotiations were underway. industrial landscape in the country.
To begin with, Newco will initially develop a Kibo said in its statement that several current
phased c. 8-MW project for an industrial client, coal-fired power plants will come to the end of
to be followed by six other projects at different their economic lifespan in the next ten years,
sites, to reach a total generation of up to 50 MW. further curtailing energy supply. An indicative
A memorandum of understanding (MoU) near-term energy requirement of 11,800 MW
has been agreed on the supply of energy signed was recently envisaged by the President of South
with an industrial client in Centurion which Africa, it said.™
includes a 10-year “take or pay” PPA negotiated

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