Dubai-based solar firm pursuing 650 MW African project pipeline

24th June 2016

By: Terence Creamer

Creamer Media Editor

  

Font size: - +

Solar energy company Phanes Group, of the United Arab Emirates, reports that its African project pipeline currently exceeds 650 MW, including a 150 MW project under development in South Africa, where it recently opened a regional office.

The Johannesburg office is the Dubai-headquartered firm’s first on the continent and will act as a hub for its activities in both South Africa and sub-Saharan Africa.

CEO Martin Haupts says the solar energy developer, investment manager and asset manager – which has 70 MW in operation in emerging markets globally and a further 1 000 MW under development or at planning stage – views sub-Saharan Africa as a “key corridor of growth for solar”.

Besides South Africa, he says Phanes intends initially targeting opportunities in Zimbabwe and Mozambique and subsequently those in Tanzania, Kenya and Nigeria.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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
PLUS
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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION