Sprinkle Media

Power One Burundi AB is expanding

Pressmeddelande   •   Okt 11, 2019 17:52 CEST

In line with the company's strategy to build and operate power plants in Africa, Power One Burundi AB has today taken over an existing project in Bahardar, Ethiopia.

The project, which is a solar park, includes the takeover of an existing PPA that extends over 25 years. The photovoltaic plant will have a total output of 50 MW and will thus be a relatively large unit.

Detailed financial information will be announced next week.

In connection with this agreement, Power One Burundi AB will supplement the Board and its organization.

Finally, the company is pleased to congratulate the Nobel Peace Prize winner 2019, Ethiopian Prime Minister Abiy Ahmed for the award.

Power One is an innovative project for electrifying a previously non-electrified area with renewable energy and is well aligned with the region’s history of social entrepreneurship and sustainable agriculture.

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