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to-the-point: Japan's Looop, Kenyan county sign MOU for 40 MW PV project

Solar module. Author: Oregon Department of Transportation. License: Creative Commons, Attribution 2.0 Generic.

January 12 (SeeNews) - Japanese solar firm Looop Co Ltd said on Wednesday it signed a memorandum of understanding (MOU) with Kenya's Kitui county for a 40-MW solar project in the African country.

Looop will develop and implement the photovoltaic (PV) plant while Kitui government will provide all the necessary assistance such as provision of land. This will be the first time a Japanese company is constructing a large-scale solar power plant in Africa outside South Africa, Looop noted.

The output generated by the PV facility will be sold to Kenya Power Light Corporation (KPLC) for a 20-year term using the current feed-in tariffs (FIT) system.

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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