Inside Energy April 2021

Page 12

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Member news Rentable solar power launched by Aggreko

Aggreko, a world-leading provider of mobile, modular power, temperature control and energy services, has announced the immediate availability of its solar power rental offer. The 1MW PV solution is optimised for weak or off-grid applications and delivers clean energy innovation without long-term financial or technical commitment.

Aggreko Solar Power is designed for ease of deployment both in physical terms, thanks to relatively quick off-grid implementation, as well as financial, with no requirement of significant upfront costs.

Amarinth signs strategic partnership in Africa Amarinth, a leading company specialising in the design, application and manufacture of centrifugal pumps and associated equipment to the oil and gas, petrochemical, LNG, chemical, industrial, power and desalination markets, has signed a strategic partnership with RentCo Africa Ltd under which the two companies will co-operate on strategic projects in the African territory to provide and finance centrifugal pumps and associated equipment on attractive financing terms.

Aggreko Solar Power can be contracted on a rental basis, with no upfront CAPEX required. Deployment time is three to four months, the system has low O&M requirements, and is well suited for use in harsh and remote environments. Contract durations start at five years, which provides greater flexibility should business operations or market conditions change.

RentCo Africa, an independent leasing company with headquarters in Nairobi, Kenya, provides structured financing solutions through operating leasing and working capital solutions to both the private and public sectors in Africa. The strategic partnership between Amarinth and RentCo will enable organisations making investments in pumping equipment to flexibly finance Amarinth’s world-renowned and proven horizontal, vertical and inline vertical centrifugal pumps and associated equipment. In particular, those organisations that have capital constraints and are seeking to avoid upfront CAPEX cash outflow, or that are seeking a flexible payment plan.

The new system seamlessly integrates with the company’s battery storage products and thermal generators. All three assets are managed by intelligent software using one control system. The result is a high-performance hybrid system that operates more efficiently, uses significantly less fuel in combination with backup generators, and has a much lower CO2 footprint.

Amarinth has over the years seen high demand for its products in Africa and working in partnership with RentCo Africa will deliver confidence to the market that projects can be financed and built, overcoming some common financial barriers and building momentum, helping to bring capital projects across the continent to fruition.

Karim Wazni, Managing Director, Aggreko Microgrid and Storage Solutions

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For more information: www.aggreko.com

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For more information: www.amarinth.com

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Investment in new European warehouse for CMP Leading cable gland and cable cleat manufacturer CMP Products has further strengthened its European distribution network, with the opening of a warehouse facility located in Aachen, Germany. The 1000m sq site, strategically positioned close to the borders of Belgium, Holland and Luxembourg, will act as a central hub for product distribution throughout Europe, improving accessibility and lead times. All existing product ranges will be stocked within the facility, including CMP’s new plastic cable gland range TruSeal, cable cleats and accessories. Kathleen Kearns, Head of European Sales, said: “The investment in our warehouse in Germany cements our support for customers across the continent, and will mean product can be distributed at pace. “With Brexit transitions now in place, the facility will play an important role in ensuring there is no impact on stock reaching our customers from our manufacturing headquarters in the UK.” Despite the challenges of the pandemic, CMP has temporarily relocated experienced members of its UK team to oversee a smooth transition. The Aachen warehouse is already receiving regular shipments of products through CMP’s own transport container, which has commenced weekly stock journeys to the continent.

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For more information: www.cmp-products.com


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