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Power solutions company Altaaqa Global has opened an office in Johannesburg, South Africa, which will cater to southern African nations
Altaaqa Global said it would use the office to bring its technology and expertise to cater to the oil and gas, industrial manufacturing, mineral and coal mining industries to Angola, Botswana, Mozambique, Madagascar, Malawi, Namibia, Zambia and Zimbabwe.
Peter den Boogert, general manager of Altaaqa Global, said, "We would provide southern Africa with the most advanced power plant packaged systems, remote monitoring, and fuel-efficient gas, diesel or dual-fuel-powered generators."
Altaaqa Global and its sister company in Saudi Arabia have a combined fleet of 1,400MW rental power plant generation facilities readily available to serve the Southern African region.
In addition to its services, Altaaqa Global will also offer the flexible operational mode for its equipment, which can switch from island to grid mode in seconds. Furthermore, the energy rental package allows its power plants to hook directly to the grid without the need for a sub-station.
With revenues pouring in from sectors like mining and coal, South Africa's economy is touted to be the largest in Africa, ahead of Nigeria. The African Economic Outlook expects South Africa's economy to moderately accelerate in 2014. Countries like Angola and Mozambique are expected to grow by approximately eight per cent in the next year. Agriculture, manufacturing, oil and gas, in addition to mineral and coal mining, will also significantly contribute to the countries' GDPs, as well as to their employment rates.
With such a robust economy, Altaaqa Global plans to pursue multi-megawatt independent power projects (IPP) in various industries.
Steven Meyrick, board representative of Altaaqa Global, said, "With this recent feat, we believe that we are on our way to fulfilling, even exceeding, the highly ambitious objectives we set at the launch of our company in 2012."