RENEWABLE ENERGY: NOW, AND INTO THE FUTURE

In recent years, there have been substantial changes in the energy market, both in South Africa and around the world.

Ageing state-controlled, fossil fuel power generators are being retired. Other than the obvious damage they cause to the environment, fossil fuel prices are deemed too volatile.

In South Africa, government targets are being addressed through complicated negotiations around the procurement of renewable energy into the national grid. (The Fusion Energy team have been active in developing significant assets in this program, and Fusion Energy is one of the bidders waiting for signature in the current REIPP round).

For businesses, reduced carbon footprint targets are becoming a good governance priority. And while the price of state-provided electricity continues to rise into the foreseeable future, the price of renewables continues to drop. As a result, the demand for clean energy is outstripping capacity.

At Fusion Energy, we have identified significant growth opportunities to generate independent power for private business customers across Sub-Saharan Africa.

We have consequently developed a growing pipeline of private customers via three specific enterprises of specialisation. These are Synthesis Power Holdings (solar) and Electric Fish (hydro):

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