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DLO Energy Resources Group

From Wikipedia, the free encyclopedia
DLO Energy Resources Group (PTY) LTD
Company typePrivate
IndustryEnergy
Founded01 June 2011; 13 years ago (01 June 2011)
FounderLinda Mabhena-Olagunju
HeadquartersJohannesburg,
Area served
South Africa
Key people
ProductsRenewable energy
Solar power
Wind power
OwnerLinda Mabhena-Olagunju (Majority)
Websitedloenergygroup.com

DLO Energy Resources Group (PTY) LTD is an independent power producer headquartered in Johannesburg, South Africa with primary operations in renewable energy, solar power and wind power.

Established in 2011, the company currently oversees one of Africa’s largest wind farms located in the Northern Cape of South Africa; powering approximately 160,000 homes with carbon free solar power.[1]

As of 2021, DLO Energy Resources Group has operations in two countries, including South Africa and Nigeria.

History

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DLO Energy Resources group was founded by Linda Mabhena-Olagunju in 2011 and at the time was one of only two independent power producers (IPP) to be wholly owned by a black female in South Africa. The company has won multiple development bids through South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). In addition to South Africa, the company has projects under development in Nigeria and Botswana.[2]

In 2019, DLO Energy Resources Group was selected to build and oversee a 30 MW solar park in Kaduna State, Nigeria. An agreement for the project was signed by Kaduna State Governor Nasir Ahmad el-Rufai and the company's founder, Linda Mabhena-Olagunju.[3]

In 2020, DLO Energy Resources Group led a group donation totaling R600,000 to the National School of the Arts (NSA) located in Johannesburg, South Africa. The donation was an effort to pay student fees and help students facing financial challenges due to Covid-19.[4]

Acquisition

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The company announced the acquisition of Conco Energy Solutions in July 2021, becoming a level 1 BBBEE contributor and expanding its expertise in the EPC and O&M sector. Following the acquisition, the company also announced it will rebrand to DLO Energy Solutions.[5][6]

Operations

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The company currently oversees two renewable energy projects in South Africa. Both projects were won under round 3 of South Africa’s Renewable Energy Independent Power Producer Programme with multiple others in development, including an off-grid solar PV plant in Northern Nigeria.[7]

Wind Power

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Solar Power

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References

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  1. ^ "DLO Energy Resources Group". Retrieved July 31, 2021.
  2. ^ "DLO Energy to invest in Gas-To-Power projects in Africa". Retrieved July 31, 2021.
  3. ^ "DLO Energy Resources invests in 30 MW solar plant in Nigeria". Retrieved July 31, 2021.
  4. ^ "Black-female-led energy companies team up to save National School of the Arts". Retrieved July 31, 2021.
  5. ^ "Black Female-Owned DLO Resources Buys Conco Energy Solutions". Retrieved July 31, 2021.
  6. ^ "DLO Resources acquires Conco Energy Solutions, boosts female leadership". Retrieved July 31, 2021.
  7. ^ "DLO Energy to invest in Gas-To-Power projects in Africa". Retrieved July 31, 2021.
  8. ^ "A Bloodbath In The Wind". Retrieved July 31, 2021.
  9. ^ "A Bloodbath In The Wind". Retrieved July 31, 2021.
  10. ^ "NIGERIA: DLO to supply 30 MW of solar photovoltaic electricity to Kaduna State". Retrieved July 31, 2021.
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