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Sub-Saharan Africa is in the middle of a power crisis, facing daily power outages which can last up to several days and with many citizens not having access to electricity at all.
The unreliability and high cost of power are a significant burden for West African businesses and impede their competitiveness in global markets. As a reaction, Sunray Ventures founded Daystar Power, with the mission to provide electricity to West Africa’s commercial and industrial businesses.
Daystar Power is providing hybrid solar power solutions to commercial and industrial customers in Africa. With objectives such as: reducing energy cost by 20-30%, providing stable power at 99% uptime and reducing emission by replacing diesel generators.
Daystar Power has a team of ~140 professionals and engineers and is operating in Nigeria, Ghana, Ivory Coast, Senegal and Togo.
Daystar Power completed in January 2020 a Series B equity investment round of USD 38 million with IFU, Proparco, STOA and Morgan Stanley, supporting its further growth in West-Africa. Daystar Power is also supported by IFC Worldbank, DEG, Sunfunder, Trine with debt facilities.
Daystar Power was acquired by the Shell Group in December 2022. Daystar Power continues to operate as part of theShell Group and led by Jasper Graf von Hardenberg and Christian Wessels.
In line with the global decarbonization drive, Bisedge is focused on electrifying machinery within the logistics industry of Africa and the Middle East. Bisedge services are fully outsourced as “Product-As-A-Service” and include Material Handling Equipment (MHE) such as forklifts, full-maintenance packages, fleet telematics (diagnostics and tracking), as well as decent operator teams.
Bisedge aims to electrify important segments such as:
1. Intra logistics: including Material Handling Equipment such as forklifts, reach trucks, tow trucks etc.
2. Port logistics: including container handlers, reach stackers (in preparation).
3. Distribution logistics: including electric trucks for mid-range applications (pilot in preparation).
Bisedge is offering full-outsourcing models, deploying electric machinery with full service and operational packages against long-term off-take agreements.
Bisedge is making a difference by enabling its solutions with:
1. Digital Infrastructure: delivering a digital platform for asset monitoring and customer communication.
2. Power Infrastructure: providing power solution for the charging of the machinery.
3. Financing: financing the machinery, allowing for ease of transition.
Bisedge is guided by core principles of:
1. Environmental Impact: supporting clients in decarbonizing their industrial logistics.
2. Excellence: delivering a high-quality, consistent, and cost-effective "negative green premium” solutions.
3. People: investing in recruiting & training a diverse and inclusive workforce, currently ~750 colleagues.
Transition from diesel/ gas to electric forklifts with solar charging solutions.
Offer high-quality and socially secured job: every forklift creates up to 4 socially secured jobs.
Partnering with UNIDO in recruiting and training female operators.
In addition, Bisedge uses its digital platform to enforce highest performance standards and adhere to safety standards as well as providing clients with access to the data for full transparency.
HEAVY INDUSTRY SERVICES
Nordic Degrees
Nordic Degrees offers a diverse portfolio of innovative products and services for the heavy industry, reducing operational costs while enhancing safety and reliability.
Focus areas include:
1. Asset Management
Nordic Degrees provides comprehensive asset management services to the heavy industry sector which covers:
o Project management: commissioning and decommissioning, high pressure systems and specialized modulesprocess/power.
o Asset integrity: Condition assessment and audits, regulatory inspections and certifications, customer acceptance inspection and general inspections.
o Well performance: well intervention, isolation solutions and reservoir monitoring & evaluation.
2. Fluids and Chemicals
Nordic Degrees provides solutions that are environmentally friendly, sustainable, cost sensitive, increase production, and reduce operational risks by replacing hazardous chemicals.
o Our portfolio consists of a wide range of production chemicals, drilling and completion chemicals, special fluids, high-performance fluids and chemicals, modified acid system, and non-invasive fluids.
3. Tools and Equipment
Nordic Degrees provides the Nigerian Heavy Industry with high quality tools and equipment. Our range of tools covers most of your operational needs. These include:
o Multi-discipline support system, fastening on steel systems, smart subsea hydraulic power units, mechanical works, equipment spares and pressure control.
Key partners: Hilti, Oglaend System, Fluid, and Intelligent Mud Systems (IMS)
