Pan-African renewable power producer company BioTherm Energy, backed by emerging market investor Actis, has announced the official start of operations at its Excelsior Wind Energy Facility at the end of 2020. This marks the completion of its third Independent Power Producer (IPP) project in South Africa during the year as part of the fourth round of the government’s Renewable Energy Independent Power Producer Procurement Programme, boasting a combined generating capacity of 165 MW.
Integrated green technology company VanadiumCorp Resource has entered into a memorandum of understanding (MoU) for a trilateral partnership with Conoship International Projects from the Netherlands and Vega Reederei and Partners from Germany. Key engineering work is planned to commercially develop next-generation vanadium redox flow-battery (RFB) technology and high-energy-density electrolyte technologies for marine propulsion applications.