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Puma Energy’s Future Energies Business Champions Solar In Ghana.

The multinational oil company, Puma Energy, has announced the completion of installations for solar power systems and battery storage units at several of its locations in Ghana. 

Puma Energy’s Future Energies business, which focuses on developing lower carbon, modular, distributed renewable energy systems, including energy management and storage, particularly in emerging markets across the Americas, Africa, and Asia-Pacific, has launched eleven solar projects at its retail fuel stations and a further three at its terminals in Ghana. Solar power generation at eleven of the fourteen sites is supported by battery storage.

The company hopes not only to reduce its carbon footprint but also to support its commercial customers in Ghana and around the world as they seek to decarbonize and reduce its carbon impact.

Championing Clean Energy;

Puma Energy aims to deploy solar and or battery storage in at least 75 percent of company-owned retail sites, depots, and terminals in the world by 2023. Future Energies is also scaling the rollout of solar hybrid systems to other nations with high solar energy potential including Puerto Rico, Nicaragua, Honduras, and Papua New Guinea.

The combined solar and battery power systems in fourteen service stations and terminals in Ghana are part of Puma Energy’s Future Energies’ wider business plan to roll out renewable energy projects around the world.

These projects benefit from Ghana’s high solar energy potential and have a total capacity of 422kW and associated battery storage of 224kWh and can provide up to 100 percent of a site’s energy.

“We are proud to install the solar systems in our sites and depots as it meets our purpose of energizing communities and reinforces our commitment to clean energy solutions and meeting our ESG goals.

Africa, and Ghana, in particular, have a great potential for solar power and we are establishing the first steps to transforming this potential into a more sustainable and energy-efficient system to power our sites and depots,” relates Henry Osei, Puma Energy GM in Ghana. The country, he notes, is pleased to be the first country to show the first footprints of the company’s energy transition drive in Africa.”

Future Energies global head Mitchell Board said: “By combining our expertise and local knowledge with the right sites and access to finance, we hope to accelerate the renewable energy transition in Ghana not just for Puma but for our customers too.”

Puma Energy’s main shareholders are Singapore-based commodities trader Trafigura Group Pte Ltd and Angolan state-controlled oil-and-gas company Sonangol.