Renewable news from East Africa.
Diageo commits to a renewable future in Africa
Diageo is investing £180 million in renewable energy resources across its African sites to ensure its breweries are the most carbon and water efficient possible.
This commitment represents Diageo’s largest environmental investment in a decade confirming our commitment to reducing our carbon footprint and addressing climate change.
Here are the highlights of what is happening:
• The investment will touch 11 of Diageo’s African brewing sites
• It will deliver new solar energy, biomass power and water recovery initiatives.
• It will bring new infrastructure designed to improve the long-term sustainability of Diageo’s African supply chain in seven countries.
Ivan Menezes, Diageo’s CEO said: “We believe this is one of the biggest single investments in addressing climate change issues across multiple sub Saharan markets. It demonstrates the strength of our commitment to pioneer grain-to-glass sustainability and to positively impact the communities in which we live and work. We have a responsibility as a local manufacturer and employer in Africa to grow our business sustainably–creating shared value-and this significant investment continues our work to provide sustainable solutions for our local supply chains.”
https://www.britsinkenya.com/2019/08/06/diageo-commits-to-a-renewable-future-in-africa/
Danish firm gets nod to take over ex-Jamii Bora chair’s company
Former Jamii Bora Bank chairman James Gacheru is finally set to relinquish control of his renewable energy firm, Chania Green Generation, to Denmark’s Frontier Energy for an undisclosed amount.
Frontier Energy, the East African-focused renewable energy developer and contractor, has received the green light from the Competition Authority of Kenya (CAK) to take a controlling stake, believed to be around 51 percent, in Chania Green Generation.
“It is notified for general information that in the exercise of the powers conferred upon the Competition Authority by section 46 (6) (a) (ii) of the Competition Act, the Competition Authority has authorised the proposed transaction,” CAK director-general Kariuki Wang’ombe said.
The businessman had earlier opted to go it alone in putting up a 51-megawatt wind power plant in Kajiado after a bitter falling out with a partner in 2017.
The tycoon, who also sat on the board of National Oil Corporation among other corporates, had said he would build the electricity plant after the collapse of a joint venture with businessman Martin Kinoti Kinyua.
EABL invests Sh22b in clean energy.
East African Breweries Ltd (EABL) is investing Sh22 billion in renewable energy, which is expected to eliminate the use of heavy fuel oil in its production processes.
The investment, made through EABL’s parent firm Diageo, is part of a larger Sh23.5 billion pan-African investment across seven markets.
The capital investment across EABL’s brewing sites will deliver new solar energy, biomass power and water recovery processes.
The initiatives include an upfront capital investment programme of Sh6.5 billion in solar, water treatment and biomass equipment, followed by further long-term commitments for the ongoing maintenance and operations.
This will include the fuel supply for six new biomass boilers with locally sourced renewable fuel, with potential to create 900 jobs in the supply chain particularly with local farmers providing the biomass fuel
https://www.standardmedia.co.ke/business/article/2001337098/eabl-invests-sh22b-in-clean-energy
9 August 2019
