SOUTH AFRICA – Africa’s leading renewable energy development platform BioTherm Energy has rebranded as BTE Renewables as it focuses on the future.
BTE Renewables then known as BioTherm Energy, was acquired by Actis, a global impact investor, in August 2019 with the intention of becoming the leading renewable energy development platform and independent power producer on the African continent.
Strategic business positioning sessions galvanised their intentions and facilitated the alignment of the leadership team around their mission with an aim to responsibly deliver renewable energy to the people of Africa, with an ambitious vision to play a significant part in the realisation of Africa’s potential, which is now aligned and reflected in their new brand and name.
The new BTE Renewables logo, has a customised contemporary font complimented by the introduction of three colours inspired by the African horizon, sun and nature – Horizon Blue, African Sun Glow and Teal Nature. Sun, environment and wind icons complete our new logo.
The pan-African renewable energy platform is composed of close to 400MW of power capacity across six energy assets in South Africa and Kenya, with plans to extend to other countries in the region.
Its Kipeto energy project in Kenya is the country’s second largest wind farm and will supply 100MW of clean energy to the national grid as a significant contribution to Kenya’s Vision 2030 and Big Four Agenda.
The 100MW Kipeto wind farm in has successfully been connected to the national grid with generation of power expected soon. Kipeto Energy Plc connected a 17km (220KV) high voltage transmission line, linking the facility to the national grid at the Isinya Substation, and signalling the start of the go-live process.
The project’s 60 GE 1.7-103 wind turbines, each capable of producing 1.7MW, will be switched on in stages as part of a gradual ramp-up process, with all commercial tests due to be concluded within the next few months.
Other assets include Golden Valley, a 123MW wind project in the Eastern Cape; Excelsior, a 33MW wind project in the Western Cape; Aggeneys, a 46MW solar project in the Northern Cape; Konkoonsies II an 86MW solar project in the Northern Cape and a 4MW biogas facility.
BioTherm Energy’s investment thesis is consistent with Actis’ track record and approach to investing in the renewables power sector across Africa.
BTE Renewables are proud of the fact that their projects are developed to IFC performance standards, uphold the highest health, safety and environmental standards and work closely with local communities to ensure long-term value creation for all stakeholders.
Liked this article? Subscribe to DealStreet Africa News, our regular email newsletter with the latest news, deals and insights from Africa’s business, economy and more. SUBSCRIBE HERE
