Cleantech invest portfolio company Nocart receives 14MUSD order for 10MW solar power plant in Kenya
Cleantech Invest Oyj Company release 04.12.2017, 08:30 (EEST) Nocart has signed a purchase agreement for the delivery of a 10MW grid-feed solar plant to an independent power producing company (IPP) in Kenya. The project is scheduled to start immediately and first deliveries by Nocart are estimated at 6 months after down payment. The value of the deal is 14MUSD to Nocart. Cleantech Invest (under name change to Loudspring) owns 19.3% of Nocart. “Rural electrification in Africa continues to grow and with Nocart on the ground in several African countries they are now playing a