Paul Kunert has been named chief executive officer of Joule Africa, a renewable power developer and operator.
Kunert has 20 years of experience with power in Africa. He joined Joule Africa in September 2016 as chief operating officer. Before that, Kunert worked at CDC, Actis and Globeleq.
According to a press release, Joule Africa “continues to build its senior team ahead of the construction of Sierra Leone’s largest infrastructure project, Bumbuna II.” Joule Africa co-founders Mark Green and Andrew Cavaghan were responsible for originating the 143-MW Bumbuna II project on the Upper Seli River, securing the initial funding and finalizing the necessary power purchase agreement with the government of Sierra Leone, the company says.
The project involves building an extension to the existing 50-MW Bumbuna I facility, which was completed in 2009, that will include three turbines and building a new dam 32 km upstream at Yiben and a powerhouse with two new turbines.
“I am delighted to take over the reins as CEO of Joule Africa,” Kunert says. “I have enjoyed the last six months and look forward to continuing to work closely with Mark and Andrew in the future. We share the same values and are committed, on a commercial basis, to significantly increasing access to energy for those African countries where it is most needed, a fundamental factor in any country’s ability to develop.”
The company says it is currently securing the necessary funding for the construction of Bumbuna II and will be announcing its preferred construction partner in the coming weeks.
Joule Africa also is developing the 485-MW KPEP hydropower project it owns in Cameroon. Work is starting on the feasibility study, following signing of a letter of intent with ENEO and the government of Cameroon.
The company says it is engaged in the development of 1 GW of renewable energy projects in Africa.