Mozambique: Mining tax to provide €10.2M for community development in 2025
Cuamba solar, Temane gas-fired power project highlighted as Globeleq launches 2022 Sustainability Report
10:51 CAT | 13 Jun 2023
FILE - For illustration purposes only. [File photo: Globeleq]
Globeleq, the leading African-focused independent power producer, has released its 2022 Sustainability Report. This report details Globeleq’s performance across seven African countries where the Group produced more than 7,400 GWh’s of electricity, reaching 9.7 million consumers and supporting 250,000 jobs.
Globeleq’s assets include gas-to-power plants, wind farms and solar projects across Africa. Current development projects include the Group’s first combined solar and energy storage plant at Cuamba in Mozambique which will start commercial operations shortly. The Group has also broken ground at its first ever geothermal project at Menengai in Kenya which is scheduled to start producing power in 2025.
Other highlights in 2022:
- 939,064 tonnes of CO2e avoided through Globeleq’s renewable electricity generation
- Greenhouse gas intensity of Globeleq’s portfolio was below 400 tonnes of CO2e per GWh for the first time due to a first full year of operations at the Malindi solar plant in Kenya
- US$3.8 million invested in socio-economic development projects reaching 120,400 people.
- 495 people employed with 98% being from the African country where they work
- 26% female workforce with women filling 31% of senior management positions
- Exceptional safety performance with a Reportable Incident Rate of 0.06 per 200,000 working hours in operations, a rate of 0.09 in construction and no lost-time accidents anywhere in 2022
In addition, Globeleq made good progress with the construction of its IFC-backed and Paris-aligned 450 MW gas-to-power project at Temane in Mozambique which will supply reliable, baseload power to meet the demand of 1.5 million Mozambican households once the project begins operations in 2024. In Cote d’Ivoire the Group is currently commissioning the Phase IV expansion of the Azito gas-to-power plant in Cote d’Ivoire which provides over a fifth of the country’s installed capacity.
Mike Scholey, Globeleq’s CEO commented:
“Globeleq’s commitment to sustainability remains core to our mission of powering Africa’s growth. Over the past year, we have made good progress on construction projects, delivered an excellent operational and safety performance and operated with a greenhouse gas intensity below 400 tonnes CO2e per GWh for the first time. Our portfolio of assets is currently two-thirds thermal – making a major contribution to economic and social development in countries that have limited access to power – but we remain committed to both increasing our renewable capacity in the near-term and, in the longer-term, reaching Net Zero by 2050.”
- You may read, download the full Globeleq 2022 Sustainability Report HERE.
Our exciting solar PV & battery storage project at Cuamba is nearing completion: our 1st completed project in Mozambique & our 1st battery storage project. Alongside the great progress we’re making with our 450MW power plant at Temane, it’s an exciting time for us in Mozambique. pic.twitter.com/BRKZuVeSYA
— Globeleq (@Globeleq) April 26, 2023
We have just published our 2022 Sustainability Report which is full of facts, stats and stories about our business and the impact we’re making in Africa. Read more below and at https://t.co/buAqRpR4AP @BritishIntInv @norfund pic.twitter.com/lVHu30jIek
— Globeleq (@Globeleq) June 13, 2023
Source: Globeleq/ Media Release
Show comments
Also read
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.