Swedish renewable energy project developer Sustainable Energy Solutions Sweden Holding AB (SENS) has announced that it has entered into a cooperation agreement regarding energy project development in Southern Africa with South African renewable energy project developer Kracht Alpha (Pty) Ltd (KA).
SENS develops, builds, and sells large-scale projects from solar and wind power and energy storage. The company also conducts consulting services for energy companies and property owners within sustainable energy systems.
During the past year, after merging with Pumped Hydro Storage Sweden AB, SENS has increased its activity in the South African market, a market the company says has “great growth potential for renewable energy and energy storage.”
The collaboration implies that KA will act as a project development partner to SENS in South Africa.
SENS’ role is to secure projects and investigate their technical and commercial conditions, to be able to calculate and eventually deliver a robust and bankable infrastructure project and an attractive investment.
I am very happy and excited that with this cooperation agreement, SENS has further strengthened our presence, local knowledge, and capacity in terms of project development of renewable energy and energy storage in South Africa and neighbouring countries by entering into a partnership with Kracht Alpha, said Henrik Boman, CEO at SENS.
Experienced developer with local knowledge
Specializing in the provision of bespoke alternative and renewable energy generation solutions for the agriculture and industrial markets across Southern Africa, KA designs and develops hybrid solar PV, hybrid biogas, and energy storage projects.
The company also provides project management, system design consulting, financing solutions, and various process optimization technologies related to energy conservation.
By entering into a partnership with SENS, KA gets the opportunity to utilize SENS’ technical competence and offering regarding sustainable energy solutions. while SENS gets both stronger local knowledge as well as additional resources on the ground that will be essential for SENS in finding new business opportunities in a market that is otherwise relatively far away from Sweden.
Together, SENS and KA will identify, investigate and execute sustainable energy development projects together.
We are very pleased as this partnership enables us to expand our energy solution offering for our agri, commercial and industrial customers across the SADC region, backed by SENS’ international expertise in energy project development and leading energy storage solutions, commented Francois van Tonder, CEO of Kracht Alpha.
