The Leading African Renewable Energy Development Platform
BioTherm Energy is Africa’s leading Independent Power Producer (IPP) with three operational wind and solar projects allocated under the First Round of the South African Renewable Energy Independent Power Producers Programme (REIPPP). To date the Company has been successful in securing over 250MW of PPA’s on the African continent in seven different countries. This African born Utility is actively expanding its activities throughout the rest of the continent, focusing on wind and solar project development, financing, construction and operations. Founded in 2003, BioTherm Energy’s objectives were initially focused on the development of gas and waste heat cogeneration projects. The company has since transformed itself into an African renewable energy development platform and independent power producer.
It was in 2008, when Denham Capital, an energy and commodities focused global private equity fund, (www.denhamcapital.com) with over US$ 8.0 billion under management, committed capital in order to build and acquire a pipeline for renewable energy projects across the African continent. A proud “home-grown” company, BioTherm is a strong advocate for expanding the renewable energy sector, not just as an energy source but as an integral part of economic, environmental and social aims for a respective country. The management at BioTherm strongly believes in the enormous potential of renewable energy on the African continent and the role it has to play in the continent’s growing economy.
BioTherm has the unique ability to fully develop renewable energy projects in-house with experts in site development, financing and construction management and operations. The company is focusing on expanding their development pipeline with strong resource projects as well as working with governments, local partners and industry associations to extend renewable energy commitments across the continent. At present, the development of wind and solar energy is progressing at a staggering pace. Thanks to the abundance of natural resources, the African continent is well suited to harness these resources into much needed power supply. With a severe increase in power demand and a decrease in production capability, renewable energy is a great alternative solution for the continents growing power generation needs.