Puma Energy Malawi has enhanced efforts on investing in sustainable energy sources in the country,
The firm’s renewable and low carbon energy solutions adoption drive includes investment in solar power generation, advocating use of Liquefied Petroleum Gas (LPG) and Compressed Natural Gas.
In an interview on Thursday, new Puma Energy Malawi Managing Director Zwelithini Mlotshwa said the firm is positioned to assist customers on their energy transition journey.
He said the firm is engaging stakeholders on enhancing market reach towards increasing smart-energy use among Malawians.
Mlotshwa cited the use of LPG, where it is advocating some tax waivers to increase market reach.
“The government needs to understand what this agenda will look like. We need to create a model. We need to agree, firstly, as an industry, what that model is going to be.
“So, once the industry agrees, which is something we will lead, then we will approach the necessary regulators for those proposals,” Mlotshwa said.
He touted the firm’s global visibility. Having operations in 40 countries (17 countries in Africa), as the basic for its reputation.
According to Mlotshwa, the firm is poised to invest heavily in interventions that would lead to mass consumption of its product.
“We don’t really have to reinvent the wheel. We really know what is tried, tested and is successful, and the idea will just be to bring that to the government for consideration.
“It is always important that when something new comes in, it must be relevant to that particular market and the market must also be in for it. So it must be ready, in terms of capacity, understanding its value,” he said.
Commenting on the issue of investing in solar power generation and prospects to feed into the national grid, he said while plans are in the pipeline, the firm is focusing on areas within which it has control.
“But selling to the grid means you have excess capacity and at the current moment we don’t have that excess capacity. So, we only use it to sustain our operations,” he said.
Source: The Times Group-William Kumwembe-8 October 2024