International solar energy developer Phanes Group has opened its first African office in Johannesburg, South Africa.

The office will act as a hub for the firm’s activities both in South Africa and across Sub-Saharan Africa.

Dubai-headquartered Phanes said that its current pipeline on the African continent exceeds 650 MW, including a 150 MW project under development in South Africa.Phanes Group opens first African office in Johannesbur

Phanes Group chief executive Martin Haupts said: “Sub-Saharan Africa is a key corridor of growth for solar and a strategic focus for Phanes Group, as we look to further capitalize on economies of scale and solar power’s increasingly important role in economic development on the African continent.”

From its new Johannesburg base, Phanes plans to firstly target Zimbabwe and Mozambique and then Tanzania, Kenya and Nigeria.

Phanes said that the African office will comprise a five-strong team qualified in engineering, economics and finance with experience in delivering more than 70 projects in 14 African markets.

 

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