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BUSINESS: Africa’s energy transition gains traction as Siemens Gamesa introduces renewable energy in Djibouti.

BUSINESS: Africa’s energy transition gains traction as Siemens Gamesa introduces renewable energy in Djibouti.

AFRICA, Business
DJIBOUTI CITY, Djibouti, February 25, 2020/ -- The 59 MW wind farm built by Siemens Gamesa (https://www.SiemensGamesa.com/) will almost double the country’s current installed power generation capacity; Project will help reduce the cost of electricity, increase energy independence and decrease the country’s CO2 emissions; First Siemens Gamesa project with the participation of an African investor. Energy access rates and reliability in Africa are the lowest in the world and electricity costs are among the highest. In line with its commitment to deliver cleaner, more reliable and affordable energy in Africa, Siemens Gamesa has sealed a contract to build the first renewable energy installation in the Republic of Djibouti. Despite high resource potential in Djibouti and opportu...
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