O&L sets up energy unit
The Ohlthaver and List Group of Companies has established a new energy company, O&L Energy, specialising in renewable energy across southern Africa.
The energy company will focus on transmitting, manufacturing, supplying, distributing and dealing in all forms of renewable energy and other energy related fields.
Bernd Vincent Walbaum, CEO of O&L Energy explains: “Energy will be a crucial topic in the future worldwide and because of the limited resources of fossil fuels, enormous efforts are being made to develop renewable energies like solar, wind, hydro and biomass. “Namibia and southern Africa are now also starting to develop and build renewable energy projects” said Walbaum adding that “there is a huge potential in renewable despite the many challenges, not least the cost of renewable energies compared to conventional energy sources.” O&L Energys says it has set a target to become one of the big players in renewable energy in southern Africa in the next few years while creating a future for the Group and employees in the energy sector, and making a contribution to the improvement of the environment.
Through well-known international partners, O&L Energy says it will provide renewable energy solutions of the highest engineering and efficiency standards. Walbaum added: “O&L Energy and its partners have long-standing experience in consulting, planning and constructing of large PV plants ranging from 500kW up to 3.5mW projects in Spain, Italy and Greece and now also in southern Africa. We offer high quality products and services for solar power plants with customer-specific turnkey systems.”
O&L Energy has a broad product portfolio with a wide range of photovoltaic/solar and solar water heaters, from residential solutions to large scale megawatt projects. The company also specialises in consulting, designing, planning and building of solar water heating, photovoltaic and biogas plants.