Toshiba Energy Systems & Solutions Corporation, a leading supplier of integrated energy solutions and VINCI Construction, a major global player in civil engineering design and construction, recently concluded a memorandum of understanding (MoU) on exploring opportunities to develop cooperation for the construction of hydro and geothermal plants in Africa, including collaboration on design, engineering, manufacturing and consultancy.
VINCI construction has had a presence in Africa for over 90 years, and carried out projects in over 20 countries. The Business Development Executive, Toshiba, Toyoaki Fujita announced this co-operation saying that he is confident that the strategic cooperation will bring stable and clean energy supply to Africa. “Our established expertise and know-how in hydropower and geothermal power, combined with VINCI Construction’s wealth of global experience in construction, will supply essential generating capacity that will contribute to Africa’s continued economic development” he added.
Africa is maintaining high GDP growth and demand for power is expected to increase to 632 GW by 2040. Along with gas power, the main power source in Africa, there are growing expectations for renewable energy, including solar power, hydro power, and also geothermal power generation that utilizes the immense geothermal resources centered on the Great Rift Valley.
Fujita said that Toshiba, as a world leader in hydropower and geothermal power generation will continue to promote a broader portfolio of renewable energy solutions and as well seek to contribute to mitigation of global warming and to improve people’s lives.