The Ministry of Industry, Trade and Energy of Cabo Verde and the Finnish Power-to-X project developer Flexens Oy Ab have signed a Memorandum of Understanding (MoU) to collaborate further in developing feasibility studies for the implementation of large-scale green Power-to-X production in Cabo Verde.
The aim is to integrate large-scale solar and wind power to be produced in Cabo Verde with a state-of-the-art Power-to-X concept. Electricity from renewable energy sources (solar and wind) will be used for electrolysis to produce green hydrogen and e-ammonia. All products are to be exported in large quantities from Cabo Verde.
The MoU was signed under the auspices of H.E. Alexandre Monteiro, Minister for Trade, Industry and Energy, Cabo Verde and the Finnish Ambassador to Cabo Verde, H.E. Satu Suikkari-Kleven.
Rito Évora, National Director of Industry Trade and Energy at the Ministry of Industry, Trade and Energy of Cabo Verde, firstname.lastname@example.org, +238 993 88 96
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- Investor relations: Berndt Schalin, firstname.lastname@example.org, +358 (0) 408 429 469
Flexens Oy Ab is a project developer implementing Power-to-X technologies to enable societies to run on a 100 % renewable energy mix. Flexens was founded in 2018 to capitalise on the skills and capabilities created in building the world-leading RES testbed and demo, Smart Energy Åland, to capture the rapidly growing demand for renewable energy systems. Flexens has a solid commercial pipeline with substantial foreseen capacity in Finland and abroad.