UNILEVER TO INSTALL 600KW OF SOLAR POWER PLANT IN KENYA
Kenya to get 600 kw of solar power plant as a result of agreement between Unilever and Cross Boundary Energy.
Unilever company has sign an agreement with cross boundary Energy to install 600 kw solar plant in kenya. The project is to deliver substantial savings on power costs. It will also reduce its carbon emissions by over 10,000 tonnes over the plant’s 30-year lifetime. The solar plant is the first commercial and industrial power purchase agreement for the company in Africa.
Managing Director Nicholaos Yiannakis said, ”This deal will help the company achieve Unilever’s sustainable living plan. He also said that they aims to source 100% of total energy from renewable by 2030”.
The plant will start producing power in mid-2018. Unilever will pay monthly power bills generated by Cross Boundary Energy who will finance and operate the plant for 15 years.
The tea company says that over 90% of the energy used in the factory already comes from renewable sources. Hydroelectric power turbines provide around 70% of electricity and have also been in use for nearly 100 years at the Kericho plantation.
For more information, go through the following article on GambetaNews.
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