Guma Energy

Strategic partners European , Chinese and other South Africans.

 

Guma has in 2007 identified the energy sector as a growth opportunity. GUMEDE realized that initially South Africa, which has had massive economic growth over the years was soon to suffer power shortages .

 

Further ESKOM , the State owned then monopoly which was involved in power generation , transmission and distribution had not made the continued investment required . Eskom was producing over 40 000MW largely from Thermal coal . These coalfired power plants have not been maintained and most were reaching the end of life .

 

ESKOM has in the past, during Apartheid, focused in providing electricity to fellow white compatriots residences and their businesses, to the exclusion of Blacks . When Nelson Mandela became the first democratic President , the ANC government's priority was to electrify Black households/communities and bring clean and drinkable water to the masses of our people .

 

At Guma , we knew that soon the government and ESKOM will require more power generation plants as well as embark on massive maintainence .

 

We also identified the lack of electricity or generation of electricity in the African continent , hence it is called the DARK CONTINENT ( not because of the pigment of Africans skin but because Europe and the desert based Middle East light the skies every night !! ) .

 

The lack of electricity in the mining, Oil and Gas rich African countries denied them economic growth or sustainable  job creation . The minerals became stagnant below the ground whilst the few mining activities were undertaken at huge costs using diesel fuel to mine .

 

Guma Chairman predicted that Africa would begin to address its electricity supply challenges,  especially with the economic growth propelled by China's thriving economy that requires minerals like iron ore, coal , oil , gold , copper Etc .

 

We positioned GUMA ENERGY to become a major player inter-alia:

 

- Power generation

- Hydro

- Thermal Coal

- Solar

- Wind

- Gas

- Nuclear

- Transmission lines

- Distribution in partnership with local government

- Prepaid electricity / water smart meters

 

Guma Energy works with several partners like :

 

GUMA BUILDING ENERGY PTY LTD : a joint venture between GUMA and  Italian company Building Energy SPA : The JV has developed and operates the 85MW Khathu Solar power plant in Northern Cape Province, South Africa.

 

GUMA ENERGY is also involved in various projects with the likes of Chinese  , French & Italian  power companies, involved in various technologies .