Puma Energy Zimbabwe is taking a huge step towards a “more sustainable future” by installing solar power installations at almost 20 service stations this year. This move coincides with Puma Energy’s mission of energising communities, assisting industrial and commercial customers in preparing for the future of energy, and decarbonising its operations through fully integrated renewable energy solutions.
As part of Puma Energy’s global sustainability strategy to “reduce greenhouse gas emissions”, the company is working towards a 15% reduction by the end of 2025 and 30% reduction by the end of 2032, and aims for operational net zero by 2050. Reaffirming this commitment at COP 28 in Dubai, Puma Energy also signed the Oil and Gas Decarbonization Charter.
$30 million has been set aside for the Zimbabwean market over the next three years, with the bulk of the funds being channelled towards the development of retail fuel network and storage facilities. The company has reaffirmed its commitment to Zimbabwe and expanded its operations through strategic partnerships aimed at improving customer service, safety, and convenience.
Puma Energy Zimbabwe General Manager, Donatien Kodog, said 19 retail fuel stations are set to be solarized this year in Zimbabwe. Adding that the company was extremely confident about the future of Puma Energy Zimbabwe as evidenced by plans to invest USD$30 million in the country over the next three years.
Meanwhile, Puma Energy, a global energy firm, purchased a 49 percent share in MBHE Group a company that offers renewable energy solutions to consumers in southern Africa and owns high-quality renewable energy assets across the continent. MBHE is a market leader in the design, delivery, installation, and operation of solar PV systems and battery technologies, serving a wide range of industries including retail, manufacturing, hospitals, heavy industry, and mining.
The partnership will also create more opportunities for MBHE to secure power purchase agreements to develop projects and benefit from long term Power Purchase Agreements. MBHE financial director Werner van Wyk said: “The partnership between Puma Energy and MBHE enables us to maintain our aggressive growth strategy, offering energy as a service.
Puma Energy Head of Solar for Africa Shamsher Singh stated that Puma Energy is committed to its purpose of energising communities and helping customers and partners to reduce their carbon emissions and prepare for the future of energy. Adding that the partnership with MBHE is a positive step in the attainment of their company’s vision across southern Africa. Many of Puma Energy’s industrial and commercial customers are seeking renewable energy solutions and MBHE already has an impressive pipeline of projects whichh will drive growth over the next few years.
