The nomination highlights the synergy between Azuri’s and Marubeni’s long-term vision for renewable energy and its role in providing life-changing, clean technology which is affordable to low-income rural households in Africa who currently are forced to spend a disproportionate amount of family income on harmful alternatives to light and power homes
November 06, 2019. By News Bureau
The successful partnership between UK-based Azuri Technologies, a leading pay-as-you-go solar innovator and Japanese Fortune 500 company Marubeni Corporation has been nominated for the British Business Awards, with winners to be announced in Tokyo this week.
The annual British Business Awards held by the British Chamber of Commerce in Japan, recognize the game-changing achievements of British and Japanese companies. Azuri and Marubeni are in the running to lift the 2019 BBA UK-Japan Partnership trophy.
In June 2019, Azuri announced an investment of US$26 million, led by Marubeni. Working together, Marubeni and Azuri are implementing a strategy to deliver affordable, clean energy solutions to millions across sub-Saharan Africa. In sub Saharan Africa, over 600 million people still lack access to the grid.
“The energy market globally is in a period of rapid change and innovators such as Azuri are demonstrating how new technology can support or even replace conventional ways of delivering power,” explains Simon Bransfield-Garth, CEO of Azuri Technologies.
“The partnership between Azuri and Marubeni is an excellent example of how established businesses and fast-growing technology-based organisations can collaborate to accelerate growth. We are delighted to be nominated.”
Commenting on the nomination, Yuji Sato, Marubeni General Manager, Power Business Division said: “While many energy businesses are focusing on delivering established technologies, Marubeni is exploring how new technology can provide a disruptive shift in the global energy market. Azuri is at the forefront of this transition and provides a front seat view of these new markets as they develop.”
The nomination highlights the synergy between Azuri’s and Marubeni’s long-term vision for renewable energy and its role in providing life-changing, clean technology which is affordable to low-income rural households in Africa who currently are forced to spend a disproportionate amount of family income on harmful alternatives to light and power homes.
The nomination is the latest recognition in a long list for Azuri including being named as the 42nd fastest growing technology business in the UK by The Sunday Times newspaper in September 2019.
AI will move from being a good-to-have technology to a must-have technology
We Need to Create Employment Opportunities that would Inspire Women to Join Clean Energy Space
There Must be a Penal Mechanism on Discoms for Delay in Signing PPAs, Payments Release
India’s Power Sector Must be Financially, Physically Resilient to Secure Investments it Needs