Element Power Solar targets Africa with Ariya partnership

US developer Element Power Solar has formed a partnership with Ariya Capital, based in Botswana and the UK, to identify, construct and operate renewable energy projects throughout Africa.

Element says the deal will also allow it to act as a technical advisor to Ariya Capital in the selection of projects in Africa, while also assisting it to implement a “high-value investment strategy.”

The companies say that fast-growing industrial and commercial sectors in Africa, where traditional power sources are scarce and expensive, can benefit from solar power supplies and provide good returns on investment.

“The new partnership will leverage Element Power Solar’s international expertise in developing, constructing and operating solar projects and opening new markets where solar resource…

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?

Login