Hybrid solution offered to big energy consumers

Project finance and transaction advisory firm Cresco has recently supported South African mobile telecommunications corporation MTN in acquiring a hybrid energy system solution that incorporates diverse energy generation and storage sources, including gas, solar photovoltaic power, diesel generation, grid power and a battery energy storage system. The five-tier hybrid system enables corporations to avert the negative impacts of loadshedding on in-house business processes and accommodate the process of load shifting.