Toshiba Energy Systems & Solutions Corporation (Toshiba), and VINCI Construction, have signed an agreement that will see the firms exploring opportunities to develop cooperation for the construction of hydro and geothermal plants in Africa, including collaboration on design, engineering, manufacturing and consultancy.
“I’m delighted to announce this cooperation with VINCI Construction, and confident that our strategic cooperation will bring stable and clean energy supply to Africa,” said Toyoaki Fujita, Business Development Executive at Toshiba. “Our established expertise and know-how in hydropower and geothermal power, combined with VINCI Construction’s wealth of global experience in construction, will supply essential generating capacity that will contribute to Africa’s continued economic development.”
Africa is maintaining high GDP growth, and demand for power is expected to increase to 632GW by 2040. Alongside gas power, currently the main power source in Africa, there are growing expectations for renewable energy, including solar power, hydropower, and also geothermal power generation that utilizes the immense geothermal resources centered on the Great Rift Valley.
