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IN BRIEF: Kibo Energy signs five-year battery deal with Enerox

Tue, 17th May 2022 08:05

Kibo Energy PLC - energy projects in Africa and UK - Signs a rolling five-year agreement with Vienna-based Enerox GmbH to develop and sell CellCube-based vanadium redox flow batteries in selected sectors in southern Africa. The contract seeks to deliver a project pipeline expected to exceed at least 1 gigawatt over the course of five years.

London stock price close: 0.16 pence

12-month change: down 99%

Johannesburg stock price close: ZAR0.06

12-month change: down 99%

By Artwell Dlamini; artwelldlamini@alliancenews.com

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(Sharecast News) - Africa-focussed Kibo Energy updated the market on its wholly-owned subsidiary Bordersley Power on Tuesday, which is developing a 5 MW gas-fuelled power generation plant in the UK in cooperation with its 60% owned subsidiary, and manager and operator of Bordersley, MAST Energy Developments (MED).

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IN BRIEF: Kibo Energy signs five-year battery deal with Enerox

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