Equilibre recognizes the strategic significance of developing new biomass to energy project opportunities in Madagascar. In November 2017, Equilibre was invited by the Board of Investment of Mauritius, (BOI), and the Mauritius African Development Fund, to present its arundo project model to a government of Madagascar delegation and World Bank regional representative to discuss its multi-beneficial attributes that would contribute to Madagascar’s developing economy and electrification priority agenda.
Mining Projects in Madagascar
Equilibre has already explored a number of new business opportunities in Madagascar and has been instrumental in lining up its government priorities where Equilibre could suitably integrate its biomass to bioenergy solutions. In particular, providing new sustainable livelihood opportunities to the farming communities as well as the provision of new sources of electricity production using renewable and sustainable means. Equilibre presented the opportunity to assist the government reinstating vast deforested land by introducing the production of biomass to render the country self-reliant on its energy needs.
Equillibre is underway to develop new business-to-business off-grid electrification projects that would render the Madagascar mining sector self-reliant on its large power consumption requirements. Such projects would provide environmental and social offsets for the country including the creation of rural employment in the neighboring farming communities.