Strategy and Business model
Near Term Production, Long Term Scalability
CHARIOT’S STRATEGY
- Developing significant scalable, first-mover positions in large-scale energy transition projects
- Harnessing Africa’s unique resources to provide affordable and sustainable energy
- Contributing to a cleaner energy future and providing solutions to security and sustainability
- Overarching focus on improving accessibility to and provision of vital resources
Transitional Gas
Delivering a strategic located and material new natural gas province
- Fast-tracking development of the offshore Anchois gas field and onshore Loukos licence
- Unlocking wider material upside exploration potential in a basin-scale opportunity
- Developing important long-term resources for energy-hungry markets in Morocco and Europe
- Developing gas-to-industry partnership with Vivo Energy
- Partnering with Energean on Lixus and Rissana licences to develop Anchois gas field
Transitional Power
Developing some of the largest renewable energy projects in Africa
- Developing large renewable energy projects across Africa
- Diversifying future revenue streams with the electricity trading platform in South Africa
- Expanding growth trajectory across the continent – with gross pipeline opportunity of c.2 GW
- Looking to provide affordable access to water for private offtakers and municipalities in Africa, as part of the Group’s commitment to socially responsible development
- Strategic review underway to secure financing and enable ongoing growth and development of the portfolio
Green Hydrogen
Building a world-class green hydrogen portfolio
- Developing one of the world’s top 10 green hydrogen projects in Mauritania – Project Nour
- Partnering with leading international renewable energy player – Total Eren
- Looking to build a portfolio of world-class green hydrogen projects
- Working on proof-of-concept projects in Morocco to showcase project delivery and generate early revenues
- Project selection based on resource availability and long-term offtake opportunities
The Value we create
All pillars focus on providing energy sources which will have a critical role to play in the future. We look to:
- Diversify the energy mix
- Support industrial and downstream development
- Reduce dependence on imported fuels
Each asset offers the opportunity to reduce carbon emissions as a result of their implementation.
We are looking to develop and deliver projects with long term value and legacy.
