Energy Solutions

GENESIS ENERGY GROUP is committed to providing reliable, affordable, and environmentally friendly energy solutions to replace expensive and dirty energy sources such as Diesel or Heavy Fuel Oil, particularly for commercial and heavy industries.

According to the Energy Progress Report 2022, 77% of people in sub-Saharan Africa do not have access to electricity as of 2020.

Africa faces many challenges but also huge opportunities as it transitions to clean energy. Africa’s geographic diversity holds great potential for solar and wind power, and its soils are home to many of the minerals and rare earths needed for clean energy technologies.

However, one of the factors limiting access to power is cost. Achieving electrification for all in sub-Saharan Africa would require investing at least $31 billion per year by 2030, according to the report.

As GENESIS, we have to date invested US$150 million into clean energy projects across Africa and have access to equity risk capital and large equity funding to efficiently develop projects and bring them to a commercial close.

From natural gas, to solar, hydro projects and many more, we currently have over 100MW of power generated from our operational assets with over 1GW in our development pipeline.

Our Diversified Development Pipeline

DEVELOPMENT PIPELINE

± 3GW

OPERATIONAL ASSETS

100+ MW

INVESTMENTS

USD 228 M+

contracted investments of over

$ 500M

Our Investments Are Aligned With The SDGS:

Gas To Power Projects

Most of our established projects are gas to power projects, replacing Heavy Fuel Oil (HFO) with natural gas or liquefied petroleum gases (LPG) to generate clean energy.

PORT HARCOURT REFINERY, Nigeria

Commissioned in 2014, Port Harcourt refinery is one of the earliest and biggest Independent Power Producer (IPP) off-grid installations in Nigeria.

Heavy Fuel Oil (HFO) utilisation was replaced by gas turbines from General Electric (GE) to generate 84MW of power.

Discussions are underway to increase capacity to a total of 334MW, with the extra power servicing local houses and communities nearby.

PROJECT NIDI, Nigeria

In Kano Nigeria, we helped to install a 500kW (scaling to a 1.5MW) capacity gas generator and two LNG tanks with a capacity of 30m3 in a manufacturing company that produces polyethylene packaging.

The gas generators and LNG tanks were installed with a re-gasifier and fire-fighting systems to improve health and safety and maintenance.

MARIA GLETA, BENIN

GENESIS executed a Concession Agreement to construct, own and operate an Independent Power Producer (IPP) project in Benin, generating 360MW of energy production from natural gas.

The project is the first of its kind in Benin, displacing the use of HFO and diesel with clean natural gas. The energy project will be delivered in phases with phase 1 generating 43MW of power.

MALIAN CASHEW PROJECT, Mali

GENESIS was instrumental in developing the country’s first private gas installation project to produce 600kW of power using LPG technology instead of HFO and diesel.

Discussions are currently ongoing about increasing capacity to 1 MW and replicating the project across various sites in other countries in Africa.

Solar PV Projects

Solar Photo-Voltaic (PV) power projects directly harnesses the power of the sun and coverts it into electricity through Photo-voltaic technology.

BESS Projects

Battery Energy Storage Systems (BESS) are a type of energy storage system that uses batteries to store and distribute energy in the form of electricity. These systems are commonly used in electricity grids and in other applications such as electric vehicles, and solar power installations.

Hydropower Projects

Hydropower projects harness the power of water to create clean power. Electricity is

produced from generators driven by turbines that convert the potential energy of falling or fast-flowing water into mechanical energy

Wind Energy Projects

Wind energy projects harness the power of wind, and is considered a renewable energy source. Wind turbines convert the kinetic energy of wind into mechanical or electrical energy that can be used for power.

Hybrid Projects

Our hybrid projects leverage our experience as an IPP and our partners’ expertise to find innovation solutions to clean power generation.

BANANA ISLAND PROJECT, Nigeria

In Nigeria, we provide technical and revenue cycle services to the residents of Banana Island, Lagos having installed 6MW of power generation out of 15MW for residents.

In December 2013, GELMAK entered into a Management Services Agreement with the Banana Island Residents Association (BIPORAL) to provide its residents with technical and revenue cycle services.

These services encompass the management of the electricity injection substation in collaboration with the distribution company and the electricity infrastructure’s supply, distribution, operation, maintenance, and fault resolution.

Additionally, GELMAK is responsible for providing first-line technical assistance to residents. The company operates under a Service Level Agreement with BIPORAL, with monthly fees exceeding US$12,000