EDF ink deal to develop Volobe hydroelectric project in Madagascar - Pumps Africa

The French EDF officially entered a 520 million euro hydroelectric dam project in Madagascar. The latter was confirmed on Wednesday 23 April by the Malagasy and French heads of state during the visit of Emmanuel Macron on the island. The EDF company, through its subsidiary EDF Renewables, plans to acquire a 37.5% stake in the capital of the Société Générale d'Hydroélectricité de Volobe (CGHV), the consortium responsible for the construction of t…

EDF ink deal to develop Volobe hydroelectric project in Madagascar - Pumps Africa

EDF has entered into a partnership to develop, build, and operate a 120MW hydroelectric dam in Madagascar. This marks a significant step in the country’s energy transition. The agreement was signed during the state visit of French President Emmanuel Macron and was formalized by Béatrice Buffon, EDF Group Executive Director and CEO of EDF Renewables, […] The post EDF ink deal to develop Volobe hydroelectric project in Madagascar first appeared on…