Globeleq launches 2023 Sustainability Report

18th June 2024


Font size: - +

This article has been supplied as a media statement and is not written by Creamer Media. It may be available only for a limited time on this website.

Globeleq, the leading independent power producer in Africa, has released its 2023 Sustainability Report. This report details Globeleq’s performance across seven African countries where the Group produced over 7,000 GWh’s of electricity, reaching 8.8 million consumers and supporting 181,971 jobs over the past year.

Globeleq now owns and operates 17 power plants in Africa generating just under 1.8 GWs of power. The Group is also building a major IFC-backed and Paris-aligned 450 MW gas-to-power plant at Temane in Mozambique which will start generating power over the next few months. In Kenya, construction of Globeleq’s first geothermal project at Menengai is underway after the project reached financial close at the end of 2023.

Last year, the Group acquired a 41 MW solar PV plant at Mocuba in Mozambique and the 25 MW Winnergy solar PV plant in Egypt, adjacent to its ARC solar PV plant. Globeleq also completed the 253 MW Phase IV expansion of its Azito power plant, which is now the largest power plant in Côte d’Ivoire, and began operations at the 19 MW Cuamba plant, the Group’s first ever combined solar PV and battery storage plant.

Other highlights in 2023 included:

  • An exceptional safety performance with a Reportable Incident Rate of 0 per 200,000 working hours in operations, a rate of 0.026 in construction and no lost-time accidents anywhere in 2023
  • 992,000 tonnes of CO2e avoided through Globeleq’s renewable electricity generation
  • US$3.1 million invested in socio-economic development projects reaching 129,700 people
  • 496 people employed with 98% being from the African country where they work
  • 27% female workforce with women filling 32% of senior management positions

Globeleq announced in May 2024 that Mike Scholey, Chief Executive Officer, will be leaving the Group at the end of June 2024 and will be replaced by Jonathan Hoffman, currently Chief Deevelopment Officer, as Interim CEO from 1 July 2024.

Mike Scholey, CEO of Globeleq, said today:

“I am pleased to report another year of good progress for Globeleq in 2023. We recorded an industry-leading safety performance which is a tribute to the culture that we have embedded in the Group. Elsewhere our portfolio continues to expand in our key countries of operation giving us an unrivalled position in the African power sector. With our construction projects moving ahead swiftly, the Group is in a strong position to make further progress this year and into 2025.”

Edited by Creamer Media Reporter




We are dedicated to business excellence and innovation.

John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.


Latest Multimedia

sponsored by

Economic growth a top priority for GNU
Economic growth a top priority for GNU
19th July 2024 By: Creamer Media Reporter
Magazine round up | 19 July 2024
Magazine round up | 19 July 2024
19th July 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?







sq:0.217 0.278s - 195pq - 2rq
Subscribe Now