(AXIAN) - The pan-African conglomerate AXIAN group is bolstering its Energy cluster with the creation of NEA (New Energy Africa), its newest brand, to drive both present and future renewable-energyprojectsacrossthe continent.

NEA(NEW ENERGY AFRICA), AN IMMEDIATE RESPONSE TO AFRICA’S ENERGY CRISIS.

According to the International Energy Agency, 43% of Africans currently do not have access to electricity. NEA (New Energy Africa) will help respond to Africa’s energy crisis and aims to become a key player in carbon-free, renewable energy to bolster energy inclusion. Its focus will remain the construction and operation of sustainable and innovativeenergy infrastructure.

NEA (NEW ENERGY AFRICA), AN INTEGRATED SUBSIADIARY MANAGING AXIAN’S CLEAN ENERGY AND RENEWABLES PROJECTS.

NEA (New Energy Africa) leverages a blend of local resources, internal expertise and its capacity to offer bespoke consulting advice on engineering,management and maintenance.

NEA will also make the most of its subsidiaries’ experience and lengthy track record in the implementation, operational oversight and asset management of renewable-energy projects for public utilities and C&I users.

NEA(NEW ENERGY AFRICA), PAN-AFRICAN FROM THE START.

NEA (New Energy Africa) will first launch in Madagascar and Senegal. From these two locations, NEA will oversee and coordinate innovative energy projects that bolster both energy inclusion and localsocio-economic growth.

IMPACTFUL PROJECTS AND OPERATIONS

In Madagascar, NEA Ambatolampy now operates a solar power plant with a 40 MW capacity and a 5mwh battery-storage capacity, making itthe largest solarpower stationin the IndianOcean.

NEA Menabe and NEA Sava, both of which are installationsin rural districts acrossMadagascar,

currently manage four innovative hybridpower plants with capacities ranging from 2 to 5 MW.

NEA Senegal is also providing technical support to the Bargny Sendou bulk port as part of the Minersol project, which includes the currently-ongoing construction of a solar power plant to power the port itself ; it is comprised of over 35,000 PV solar panels, spread over 14 hectars and capable ofproducing over 15 MW ofclean electricity.

NEA embodies AXIAN’s commitment to becoming a first-rate partner in Africa’s Energy New Deal by bringing forth a holistic, bold and innovative business approach ! BenjaminMemmi,CEO AXIAN Energy.

A BOUT NEA

NEA is an entity that specialises in the development of infrastructure for renewable and hybrid energy production across the African continent. Acting for the benefit of companies and energy distributors, NEA participates actively in the energy transition and the transformation of our society. The company offers energy solutions to commercial and industrial market companies, including mines and industrial sites isolated. Although currently based in Senegal, New Energy Africa isalready contemplating where its next pan-African foothold will be.

A PROPOS D’AXIAN ENERGY

The AXIAN group's AXIAN Energy cluster leverages innovative, clean and sustainable energy solutionsto bolster energy inclusion and the African continent'senergy transition.

AXIAN is an engaged partner in the socio-economic growth of the countries where it operates. With over 6,000 daring and passionate staff, the group systematically ensures that its products and serviceshave a positive and sustainable impact onthe day-to-day livesof millionsof Africans.

The AXIAN Group is a signatory of the United Nations' Global Compact initiative and committed to the integration of its 10 Sustainable Development Goals (SDGs) into group strategy, policies and operations.

AXIAN ENERGY : www.axian-group.com