Cleantech Invest portfolio company Nocart signs 200MUSD supply contract for delivery of solar hybrid power plant to Zambia
Nocart Oy has signed a supply contract for the delivery of a 30-40 MW solar hybrid power plant to Zambia. The contract is for the first part of a 100MW solar hybrid power plant to supply power to a sugarcane plantation in Zambia’s Shang’ombo district. The total value of the sugar plantation investment is 2.7BUSD and the value of the signed contract for Nocart is 200MUSD. A few weeks ago, Nocart announced a Memorandum of Agreement with this customer, selecting Nocart as the technology supplier of complete power plants to Zambia for their upcoming projects. This supply contract covers the