{"id":12861,"date":"2024-01-22T17:00:03","date_gmt":"2024-01-22T16:00:03","guid":{"rendered":"https:\/\/maritimafrica.com\/en\/?p=12861"},"modified":"2024-01-22T17:00:03","modified_gmt":"2024-01-22T16:00:03","slug":"owendo-mineral-port-omp-and-british-international-investment-bii-accelerate-ports-energy-efficiency-reduce-carbon-emissions-with-new-solar-energy-system","status":"publish","type":"post","link":"https:\/\/maritimafrica.com\/en\/owendo-mineral-port-omp-and-british-international-investment-bii-accelerate-ports-energy-efficiency-reduce-carbon-emissions-with-new-solar-energy-system\/","title":{"rendered":"Owendo Mineral Port (OMP) and British International Investment (BII) accelerate port\u2019s energy efficiency, reduce carbon emissions with new  solar energy system"},"content":{"rendered":"<p style=\"text-align: justify;\"><a href=\"https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2024\/01\/unnamed-18.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-12863 size-full\" src=\"https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2024\/01\/unnamed-18.jpg\" alt=\"\" width=\"560\" height=\"338\" srcset=\"https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2024\/01\/unnamed-18.jpg 560w, https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2024\/01\/unnamed-18-300x181.jpg 300w\" sizes=\"auto, (max-width: 560px) 100vw, 560px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2024\/01\/unnamed-13.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-12862 alignleft\" src=\"https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2024\/01\/unnamed-13.png\" alt=\"\" width=\"243\" height=\"122\" \/><\/a>Owendo Mineral Port (OMP), part of the pan-African group Arise Ports &amp; Logistics, and British International Investment (BII), UK\u2019s development finance institution and impact investor, announce a significant commitment to sustainable development with an investment of 2.6 million USD. The funds will be dedicated to the implementation of a 1.56 MWp solar system and a 1 MW battery energy storage system. This project, aligned with BII&#8217;s vision of achieving a net zero emissions portfolio by 2050, represents a concrete step towards solving the climate challenge.<\/p>\n<p style=\"text-align: justify;\">The anticipated environmental benefits are major, with an estimated reduction of more than 1,700 tons of CO2 per year, while optimizing port operating costs. This solar energy investment is part of OMP&#8217;s wider sustainability strategy to develop a world-class low-emission port in Africa. The solar installation is just the beginning, with OMP also expressing an interest in the future electrification of its mechanical equipment and transport vehicles, demonstrating an ongoing commitment to environmentally friendly practices.<\/p>\n<p style=\"text-align: justify;\">\n<strong>Towards solar power in Gabon: an innovative approach<\/strong><br \/>\nAlthough half of Gabon\u2019s electricity is generated by renewable sources, its penetration of photovoltaic solar energy is low. OMP&#8217;s project is part of a wider perspective, contributing to the establishment of a commercial and industrial solar energy balance in the country.<\/p>\n<p style=\"text-align: justify;\">\n<strong>Meeting growing energy demand<\/strong><br \/>\nAnalysis of energy demand at the site &#8211; estimated at around 7730 MWh &#8211; points to a steady increase due to the growing volume of materials processed. In this context, the installation of a solar energy and battery storage system on the workshop roofs is an effective solution. The 6 available roofs will enable the installation of around 1.56 MWp of solar panels, generating around 1,800 MWh of electricity.<\/p>\n<p style=\"text-align: justify;\">\n<strong>BII facilitates climate action<\/strong><br \/>\nBII&#8217;s financing, combined with a Resource Efficiency Program (REP) energy audit, demonstrates a concrete dedication to climate action. This loan accelerates energy efficiency at the port. The energy audit identified captive solar power as an essential solution for improving performance and environmental impact. This project reinforces OMP\u2019s ongoing commitment to sustainable operating practices and the move towards a low-emission economy.<\/p>\n<p style=\"text-align: justify;\">\n<strong>Geoffrey Manley<\/strong>, Director and Head of Energy Access and Efficiency, at BII commented: \u201cImproving resource efficiency is part of the important work in mitigating the impacts of climate change, and ports are a particularly hard-to-decarbonise sector. BII has invested in OMP since 2018, and we are glad to have identified this value-add opportunity with OMP to help address climate challenges. This is in line with BII\u2019s ambition to achieve a net zero portfolio by 2050 and support decarbonization efforts for our portfolio companies.\u201d<\/p>\n<p style=\"text-align: justify;\"><strong>Ebrima Sawaneh, COO &amp; CFO<\/strong>, Arise Ports &amp; Logistics, said: &#8220;This solar energy initiative marks a crucial step in our commitment to a sustainable future. We firmly believe that investments in eco-responsible solutions are essential to preserve our environment and enhance the port&#8217;s operational efficiency. It is an honor for OMP to actively contribute to Gabon&#8217;s energy transition.&#8221;<\/p>\n<p style=\"text-align: justify;\"><strong>Paul-Dany Menga Bekale<\/strong>, Director in charge of Public Relations for Arise Ports &amp; Logistics in Gabon, stated: &#8220;This strategic investment in solar energy reaffirms our commitment to pioneering sustainable practices within the port industry. By embracing innovative solutions, we not only address the immediate environmental concerns but also set a precedent for future advancements. Arise Ports &amp; Logistics is proud to contribute to the realization of a greener and more sustainable future for the maritime sector in Gabon.&#8221;<\/p>\n<p style=\"text-align: justify;\"><strong>About OMP:<\/strong><br \/>\nOwendo Mineral Port (OMP), part of the pan-African group Arise Ports &amp; Logistics, is located in the Barracuda Zone of the town of Owendo, 21 kilometers from the capital of Libreville. The port spreads over 55 hectares of land partly reclaimed, directly linking the main rail line to Franceville at 646 km inland. As an independent operator serving all mining operators, the port has become a critical nexus point for minerals trade activity in the region, with integrated transport solutions connecting the nation\u2019s mines to port infrastructure. OMP significantly strengthens local import-export capacities and provides shipping and industrial clients with modern, interconnected infrastructure. OMP handles a throughput of more than 6 million tons of cargoes per year. OMP shareholders are Arise Ports &amp; Logistics, Meridiam and Government of Gabon through Caisse des D\u00e9p\u00f4ts et de Consignations du Gabon.<\/p>\n<p style=\"text-align: justify;\"><strong>About BII:<\/strong><br \/>\n\u00b7 British International Investment is the UK\u2019s development finance institution and impact investor.<br \/>\n\u00b7 British International Investment is a trusted investment partner to businesses in Africa, Asia and the Caribbean.<br \/>\n\u00b7 It invests to support the UK Government\u2019s Clean Green Initiative and to create productive, sustainable and inclusive economies in our markets.<br \/>\n\u00b7 Between 2022-2026, at least 30 percent of BII\u2019s total new commitments by value will be in climate finance.<br \/>\n\u00b7 BII is also a founding member of the 2X Challenge which has raised over $16 billion to empower women\u2019s economic development.<br \/>\n\u00b7 The company has investments in over 1,470 businesses across 65 countries and total assets of \u00a38.1 billion.<br \/>\n\u00b7 For more information, visit: www.bii.co.uk | watch here.<br \/>\n\u00b7 Follow British International Investment on LinkedIn and X.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Owendo Mineral Port (OMP), part of the pan-African group Arise<\/p>\n","protected":false},"author":1,"featured_media":12863,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,1659,442,2300],"tags":[1493,2940,656,31,32,1485,1297,2939,75,45],"class_list":["post-12861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-gabon-en","category-news","category-terminal","tag-africa-en","tag-arise-ports-logistics","tag-energy","tag-maritimafrica","tag-maritime","tag-maritime-in-africa","tag-maritime-industry-en","tag-owendo-mineral-port-omp","tag-ports","tag-shipping-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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