Global South Utilities (GSU) is a renewable energy company founded in Abu Dhabi, UAE. It has taken recent, important steps to strengthen its standing within the rapidly growing renewable energy field. The company recently inaugurated the Noor Chad solar photovoltaic plant in N’Djamena. That’s an important milestone for Chad and the realization of its first utility-scale solar facility. This building is an extension of GSU’s larger effort to provide clean and reliable energy solutions to markets that are often overlooked or underserved.
In addition to pursuing its Chad solar project, GSU recently completed its acquisition of a 51% interest in 40Capital. This renewable energy company focuses on run-of-the-river hydroelectric projects in the Commonwealth of Independent States (CIS). With this acquisition, GSU has further diversified their portfolio. Perhaps just as importantly, it showcases the company’s dedication to renewable energy projects that further national goals, most notably in the Kyrgyz Republic.
Kyrgyzstan acts as a central hub for GSU. The company’s approach incorporates an intention to leverage local hydrological resources to increase energy security. The national goal of making our nation more energy independent fuels the GSU mission. GSU runs hydro projects in an active capacity, providing electricity to remote communities.
GSU’s strategic investment strategy is indicative of the university’s larger mission. Expanding GSU’s footprints and impact in the region.
“Kyrgyzstan represents a strategic entry point into the CIS, building on our momentum in Central Asia and reinforcing GSU’s role as a platform for Global South and emerging-market energy investment,” said Ali Alshimmari, a representative from GSU.
The company’s commitment to renewable energy goes well beyond its hydroelectric endeavors. GSU directly and actively practices this principle, leading on solar energy initiatives including the successful commissioning of the Noor Chad solar plant. This facility will be a major asset to Chad’s energy landscape, offering a new, clean, sustainable source of power to the community.
Not only do 40Capital’s proposed run-of-the-river hydro projects represent a natural fit with GSU’s existing, clean portfolio. In areas where the water resources can allow for consistent, long-term, clean generation, these projects are even more essential.
“This investment reflects GSU’s continued commitment to expanding clean, reliable energy solutions across emerging markets, while diversifying the technologies through which we deliver impact,” he stated.
The run-of-the-river hydro projects proposed by 40Capital are seen as a natural complement to GSU’s existing portfolio. These projects are particularly vital in regions where water resources can support stable, long-term power generation.
“The run-of-the-river hydro projects are a natural complement to our portfolio, particularly in regions where water resources can support stable, long-term power generation,” Alshimmari added.