Toyota Tsusho Corporation has unveiled AEOLUS SAS, a joint venture between Toyota Tsusho Corporation’s subsidiaries CFAO SAS and Eurus Energy Holdings Corporation, to drive renewable energy in Africa.
AEOLUS
AEOLUS aims to expand renewable energy utilization across the continent with a focus on on infrastructure projects like solar, wind, and geothermal power generation. It is set to consolidate ongoing renewable energy projects in Africa and gradually take over their operations, aiming to engage in independent power producer (IPP) business and develop tailored renewable energy solutions for each African country.
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CFAO will bring extensive business experience and networks in Africa across various sectors, while Eurus Energy, as the largest wind power producer in Japan, offers expertise in renewable energy business across multiple countries and regions.
The joint venture underscores a commitment to accelerating sustainable economic growth in Africa by leveraging renewable energy projects and addressing the region’s evolving needs. The collaboration highlights a shared vision of contributing to green economic development in Africa and delivering clean and affordable energy to promote a sustainable society.
Through AEOLUS SAS, Toyota Tsusho demonstrates its dedication to environmental sustainability and carbon neutrality, furthering its growth strategy in renewable energy and its presence in the African market. This initiative not only showcases the potential for renewable energy in Africa but also emphasizes the importance of strategic partnerships in driving sustainable development.
