This follows the Company’s recent announcement that further to an extensive review of the Company’s operations, the Company’s primary focus in the immediate term going forward will be on delivery of renewable energy projects.
The Chairman of Shumba Alan Clegg says the announcement is the culmination of focused execution of the Board’s defined strategy to seek and engage the best development partners to deliver utility scale renewable energy source projects in the generation sector of Botswana and Southern Africa. “We are both delighted and proud that we could attract a partner of the caliber and experience of Solarcentury Africa that has a real track record of delivery of sustainable projects that can enable the Shumba vision of maximising our contribution to achieving carbon neutrality within our greater business and on our continent,” Clegg says adding that, “the contribution of Solarcentury Africa is expected to be material within our co-development roles, with some of the key benefits they bring being in terms of providing technical support for Shumba’s role in obtaining any necessary permits, consents or licences; providing financial modelling and Project valuation, engineering design and plant optimisation; EPC procurement and liaison; and providing EPCM services”.
The company says it is looking forward to developing with the Solarcentury Africa team a strong, mutually beneficial and proud track record of delivery, beginning with its Tati 100MWp Solar Project in Botswana.
