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Ncondezi Energy's Hanno Pengilly discusses new solar & battery storage joint venture

Hanno Pengilly, chief development officer at Ncondezi Energy Limited (LON:NCCL), talks Proactive London's Andrew Scott through the detail around their new joint venture which is focused on building and operating captive solar and battery storage solutions in Africa.

Pengilly says the agreement with GridX will provide access to a portfolio of more than 15 projects - 6 of which he says are at an advanced stage.

Quick facts: Ncondezi Energy Ltd

Price: 3.85 GBX

AIM:NCCL
Market: AIM
Market Cap: £13.46 m
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Ncondezi Energy CEO hails shareholder agreement with China Machinery...

Ncondezi Energy Limited's (LON:NCCL) Hanno Pengilly speaks to Proactive's Katie Pilbeam after announcing they've signed a shareholder agreement term sheet with China Machinery Engineering Corporation. It'll see CMEC maintain a 40% stake in its 300-megawatt coal-fired power project and coal mine...

4 weeks, 1 day ago

2 min read