The Karpowership company started its energy investments back in 1996. When the company launched it became the first private electricity exporter in Turkey. Since then, the organization has grown and owns and operates more than 4,350 MV installed capacity globally. This achievement has led to the company becoming a pioneer in innovative energy projects for the last 20 years. Today the company has made numerous investments in domestic and international markets.
Karpowership company achievements
Many people across the world believe the Karpowership company achieved success because of its ability to build powerships. Currently, the company is the only owner, operator, and builder of the first floating power plant fleet in the world. Karpowership so far owns 25 powerships complete with total installed capacity exceeding 4,100 MV.
Using its fleet Karpowership has managed to deliver electricity and execute other activities in-house. The organization utilizes the highest technology and provides fast-track delivery, high efficiency, and all integrated project execution. Because of this, the company has received many contracts and tenders over the years from different governments across the world.
In the present day, Karpowership’s powerships supply and have been supplying electricity to Gambia, Ghana, Guinea-Bissau, Guinea, Lebanon, Mozambique, Senegal, Sierra Leone, Sudan, Cuba, North Sulawesi, Indonesia, East Nusa Teneggara, Indonesia, Ambon, Indonesia Medan, Zambia, and Southern Iraq.
Karpowership wins tender
This year Karpowership looked to provide its services to South Africa. The decision came after the company became a major winner in a 2,000-megawatt (MW) government emergency power tender aimed to enable Africa’s most industrialized nation cope with devastating power outages. Delays in resolving the electricity shortage in South Africa have raised many worries for the nation. Many believe the delays might result in nationwide power outages, costing the struggling economy billions of dollars and stifling investment.
The Karpowership company would offer an escape for South Africa from its problems. In March, three of Karpowership’s floating natural gas power stations were chosen as preferred bidders, with a total capacity of around 1,200 MW. But since March a company that lost out on the bidding has filed a lawsuit, and environmental campaigners have spoken out against the Karpowership projects.
Karpowership denied authorization in South Africa
Currently, the Department of Forestry, Fisheries, and the Environment announced on Thursday that Karpowership had been denied environmental approvals for three gas-to-power projects in South Africa for a variety of reasons, including a failure to follow public involvement guidelines.
Additionally, the department said that Karpowership was denied authorization because they lack a proper underwater noise study to properly evaluate the potential environmental impact of Karpowership projects. These studies are significant as Oyster farmers and small-scale fishermen have raised worries that Karpowership projects could jeopardize their livelihoods.
Karpowership, according to a spokeswoman, will appeal the verdict and is certain of success. The spokesperson also said during his report that Karpowership SA underwent a rigorous public engagement process and met all of South Africa’s stringent environmental criteria. Due to this the company is sure that it will win the appeal.