NewsSustainability

Hitachi Energy and Sun Africa Sign MOU for Accelerating Energy Transition

Hitachi Energy has announced that it has signed a memorandum of understanding with Sun Africa and its sister company, UGT Renewables. The MOU has been signed to collaborate on utility-scale solar photovoltaic power generation projects that will accelerate the energy transition and provide access to energy in emerging and developing markets worldwide.

The partners are currently completing their first project together: a 370-megawatt solar photovoltaic power plant across seven sites in Angola, the largest of its kind in sub-Saharan Africa. They also have several utility-scale projects under negotiation, totaling more than 12 gigawatts in capacity, with various governments in Africa and Eurasia.

In the non-exclusive memorandum, both parties agree to collaborate at an early stage of prospective projects. They will jointly engage with local and international stakeholders and provide optimized best-in-class and well-integrated solar power solutions that will enable developing nations to take significant steps toward broad and environmentally sustainable electrification.

“We are delighted to be working with Sun Africa and UGT Renewables to bring utility-scale emission-free energy projects to a growing number of countries in the world,” says Johan Soderstrom, Executive Vice President, Head of Regions, Europe, Middle East, and Africa of Hitachi Energy. “The combination of their business model and our solutions help countries develop their economies, progress toward net zero, and provide their people with access to clean and reliable electricity.”

“Our first collaboration with Hitachi Energy in Angola was a huge success, both for ourselves and the Government of Angola on behalf of whom we developed the project,” says Adam Cortese, CEO of Sun Africa and UGT Renewables. “We have developed a relationship of trust with Hitachi Energy and an efficient and effective way of working that benefits all the stakeholders with whom we work.”

Sun Africa and UGT Renewables will develop the projects, which after construction are transferred to the designated operator for continued operation. Each project will have a competitive levelised cost of energy, will be fully financed, and have an operations and maintenance plan in place to ensure the efficient and effective transfer of knowledge and technology.

Show More

Chris Fernando

Chris N. Fernando is an experienced media professional with over two decades of journalistic experience. He is the Editor of Arabian Reseller magazine, the authoritative guide to the regional IT industry. Follow him on Twitter (@chris508) and Instagram (@chris2508).

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button