Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. France
  4. Euronext Paris
  5. Orange
  6. News
  7. Summary
    ORA   FR0000133308

ORANGE

(ORA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Alioune Ndiaye: 5,400 telecom sites are already equipped with solar panels in MEA

06/17/2021 | 09:46am EDT

In line with our Engage 2025 plan and our 'Net Zero Carbon' target by 2040, Orange Middle East and Africa is setting the pace by being the leading company in terms of the number of solar panels deployed in several countries in the region. Update and overview of future challenges with Alioune Ndiaye, the CEO of Orange Africa and Middle East.

What initiatives are you putting in place to reduce your energy consumption in the Africa and Middle East region?

Alioune Ndiaye : We are particularly sensitive about energy for two reasons. The first is that energy remains scarce and expensive in our countries. The second is that we are at the forefront of suffering the consequences of global warming.
It is to meet these challenges that we have begun many actions: modernizing our data centers, optimizing our radio equipment or accelerating our solar projects, for example.
We have a renewable energy production program that is being rolled out in the 18 countries where we operate. In the region, many sites are not connected to the electricity grid, and when they are, the quality of the grid requires alternative back-up solutions such as, for example, generators consuming fuel, which is a highly polluting solution. To avoid using fossil fuels, we equip our telecoms sites with photovoltaic solar panels.

How many sites have solar panels, what types of panels are used, and how are they installed?

A.N : Today, 5,400 telecoms sites are equipped with solar panels. We prefer to roll out solar farms to supply sites connected to the national electricity grid when the regulations allow it, of course. Otherwise, we look on a case-by-case basis and assess whether it is possible to deploy these panels. They are placed at the foot of the telecom towers, when there is sufficient space on the ground, or directly attached to the pylon or to roof terraces when the structure of the building allows it.

How does this initiative contribute to achieving the Group's 'net zero carbon' ambition by 2040? And which countries are the furthest ahead in achieving this goal?

A.N : We have set ourselves a two-stage target, which is part of our Engage 2025 plan: Meet 50% of our electricity needs from renewable sources by 2025, and reach net zero carbon by 2040. And we are on track to succeed in this challenge!

The solar power supply to our sites saves up to 55 million liters of fuel per year, and is already helping to significantly reduce our environmental footprint. We are proud to be ahead in achieving our goal in Jordan, Guinea Conakry, Sierra Leone, Madagascar and Liberia. These countries have a renewable energy rate that is already higher than or close to 50%.

Read Alioune Ndiaye's biography

Disclaimer

Orange SA published this content on 17 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 13:45:00 UTC.


© Publicnow 2021
All news about ORANGE
08:10aORANGE : sets out its 2023 ambitions for three of the strategic high-growth area..
PU
07:19aORANGE : OBS - OCD Day Presentation
PU
07:19aORANGE : MEA Day Presentation
PU
01:58aORANGE : Lays Out 2023 Targets For High-Growth Segments
MT
01:49aORANGE : sets out its 2023 ambitions for three of the strategic high-growth area..
PU
01:32aORANGE : Communiqué - Orange sets out its 2023 ambitions for three of the strate..
GL
07/29European ADRs Move Higher in Thursday Trading
MT
07/29ORANGE : H1 2021 Presentation
PU
07/29ORANGE : Condensed interim financial statements for the 1st half 2021
PU
07/29ORANGE : Turns to Red in H1 on $4.4 Billion Impairment Loss from Spanish Operati..
MT
More news
Financials
Sales 2021 42 400 M 50 294 M 50 294 M
Net income 2021 2 598 M 3 082 M 3 082 M
Net Debt 2021 27 607 M 32 748 M 32 748 M
P/E ratio 2021 9,06x
Yield 2021 7,50%
Capitalization 24 762 M 29 437 M 29 373 M
EV / Sales 2021 1,24x
EV / Sales 2022 1,23x
Nbr of Employees 133 787
Free-Float 80,4%
Chart ORANGE
Duration : Period :
Orange Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ORANGE
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Last Close Price 9,31 €
Average target price 12,61 €
Spread / Average Target 35,4%
EPS Revisions
Managers and Directors
Stéphane Richard Chairman & Chief Executive Officer
Ramón Fernández Executive Director-Finance & Performance
Michaël Trabbia Chief Technology & Innovation Officer
Helle Kristoffersen Independent Director
Jean-Michel Sévérino Independent Director
Sector and Competitors
1st jan.Capi. (M$)
ORANGE-4.33%29 437
VERIZON COMMUNICATIONS-5.16%231 764
CHARTER COMMUNICATIONS, INC.7.90%134 670
CHINA MOBILE LIMITED9.16%127 113
DEUTSCHE TELEKOM AG18.25%99 719
NIPPON TELEGRAPH AND TELEPHONE CORPORATION6.52%93 196