Soleos

Zimbabwe-Zambia Energy Projects Summit

Soleos

Soleos Energy Limited is an integrated solar energy company headquartered in Gujarat, India. It provides end-to-end solutions to power consumers and to renewable energy investors and asset owners, covering the full project lifecycle: project development and consultancy, solar engineering, procurement and construction, total asset management, power generation, and the supply of solar products and equipment. It has also moved into battery energy storage manufacturing, strengthening its solar-plus-storage offering for hybrid, round-the-clock and firm power needs.

Soleos is proud of its expertise in strategy, project development, engineering, project execution and operations. Its quality management system is internationally certified, and the company has been recognised with industry awards for renewable energy projects and for leadership in industrial solar power.

Since its inception a decade ago, Soleos spread its business across many Indian states, serving commercial and industrial customers, public sector undertakings and renewable energy developers through rooftop and ground-mounted projects. Beyond India, Soleos has delivered and is developing projects in Africa and Europe, including utility-scale and community solar work, in collaboration with government bodies and local partners.

Backed by in-house engineering, centralised procurement, disciplined quality processes and proprietary solar tracker research, Soleos delivers reliable solar and storage infrastructure.

Zimbabwe-Zambia Energy Projects Summit news

Mining & Minerals

Madagascar rare earths: Ampasindava’s exploitation permit is formalised ahead of a 2028 start

Madagascar’s Ministry of Mines has formalised the exploitation permit for Harena Rare Earths’ Ampasindava project, an ionic clay deposit the London-listed company plans to bring into production in 2028 at about 4,000 tonnes of rare earth oxides a year, with up to $4.84m from the US DFC behind its pilot.

$4.73bn in nine months: Dangote’s refinery reports ahead of its extended IPO

Dangote Petroleum Refinery reported a net profit of $4.73bn on revenue of $22.48bn for the nine months to September, against a loss a year earlier. Nigeria’s Securities and Exchange Commission has approved extending its share offer, which seeks about $1.6bn, to 27 October.

Mining & Minerals

Ethiopia gold refinery opens with more than 600 tonnes of yearly capacity

Ethiopia has inaugurated a National Precious Metals Refinery with capacity for more than 600 tonnes a year, owned 51% by the state through Ethiopian Investment Holdings. Prime Minister Abiy Ahmed says the aim is to replace raw exports in a country where gold earned about half of last year’s export revenue.

Thought Leadership

Power is No Longer a Commodity: Why Africa’s Energy Future Depends on Solutions, Not Megawatt-hours

Construction can now begin near Kafue Town in Zambia’s Lusaka Province. Globeleq has reached financial close on the 40MWac Kafue solar project, with US$52.1m committed by FMO and British International Investment and a 25-year power purchase agreement with ZESCO in place. Globeleq also owns 51% of Lunsemfwa Hydro Power Company and is developing solar with battery storage at Leopards Hill. It sells to private industrial customers as well as to ZESCO. Here, Alasdair Martin, Director, Private Customer Solutions, writes for ENN on what buyers of industrial power in Southern Africa now want from the companies that supply them.

Vaaris Energy agrees to buy Shell’s industrial gas network in Nigeria

Shell has signed an agreement to sell Shell Nigeria Gas, which runs about 170km of pipeline serving more than 130 businesses in Ogun, Abia and Rivers, to the Nigerian company Vaaris Energy. Shell keeps its deepwater and integrated gas positions in Nigeria, including its interest in Nigeria LNG.

Uganda Mission 300 compact: what will it take to reach its 2030 targets?

Uganda and the African Development Bank Group will host the 11th Africa Energy Market Place in Kampala on 21 and 22 October, where government and private investors will work through how to deliver the Mission 300 compact Uganda launched at the Africa Energy Forum in June.

Thought Leadership

Africa needs an energy ladder

Olamide Niyi-Afuye, chief executive of the Africa Minigrid Developers Association, argues that a connection is the first rung of Africa’s energy ladder, and that the climb has to continue into productive use and industry, with the minigrid sector able to connect 115 million people by 2030.

‘Refining capacity is industrial capacity’, says CEF chair as imports reach 61%

mported fuel now meets about 61% of South Africa’s demand, up from 22% in 2019, and Central Energy Fund chairperson Ayanda Noah has called for investment in the SANPC Refinery Development Programme, a proposed 400,000 barrel-a-day refinery estimated at $7.15bn that would create about 12,500 construction jobs.

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