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Empower new energy plans over $100mn solar investment in Africa

Terje Osmundsen, the CEO of Empower New Energy says businesses in Africa can take advantage of the lower cost of solar power and make the switch to renewable energy now, stressing that the high cost of energy is impacting business profitability. Speaking to CNBC Africa’s Akin Obakeye at the commissioning of Justrite’s Solar PV and BESS, Terje says his company plans to invest over $100 million by 2025 on similar projects.
Thu, 06 Jun 2024 14:33:49 GMT