Looop Kitui Solar PV Park is a 40MW solar PV power project. It is planned in Kitui, Kenya. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
Smarter leaders trust GlobalData
Description
The project is being developed and currently owned by Looop. The company has a stake of 100%.
Looop Kitui Solar PV Park is a ground-mounted solar project which is planned over 210 acres.
The project is expected to generate 99,275MWh of electricity.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Kenya Power and Lighting under a power purchase agreement. The power will be sold at the rate of $0.12kWh for a period of 20 years.
For more details on Looop Kitui Solar PV Park, buy the profile here.
About Looop
Looop Inc offers solar power system development, sale, construction, management, and maintenance services. The company sells solar power equipments and related products. Looop also provides insurance agency services. It is headquartered in Bunkyo, Tokyo, Japan.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
