Latest Enesys News
Dec 2, 2019
Hybrid plant in South Africa. December 2 (Renewables Now) - Agriculture company Dekel Agri-Vision Plc, which operates in west Africa, said Monday it plans to develop an up to 36-MW solar and biomass hybrid power plant in the Ivory Coast together with German renewable energy firm Green Enesys Holdings Ltd. The hybrid power plant, which will consist of a 30-MW photovoltaic (PV) system and a biomass plant of 5 MW to 6 MW, is the first project considered by the companies' newly formed joint venture. It will be located in Ayenouan, where it will use feedstock from Dekel's palm oil operations. The hybrid project is expected to help Dekel cut costs at its palm oil project, while also use the potential sale of power to the grid as an additional revenue stream. Green Enesys is at present doing a feasibility study on the potential project. The joint venture, in which the two companies have equal stakes, will also look to develop hybrid power projects across the Ivory Coast and other countries in west Africa through special purpose vehicles, according to the statement. The projects will combine solar power with biomass, heat recovery or any other renewable energy source, including storage. This comes as the Ivory Coast is pursuing a target of sourcing at least 42% of its power from renewable energy by 2030, including having 400 MW of solar capacity. More stories to explore
Enesys Acquisitions
1 Acquisition
Enesys acquired 1 company. Their latest acquisition was Expway on January 07, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
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1/7/2019 | Other Venture Capital | $6.7M | Acquired | 2 |
Date | 1/7/2019 |
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Investment Stage | Other Venture Capital |
Companies | |
Valuation | |
Total Funding | $6.7M |
Note | Acquired |
Sources | 2 |
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