M a r k e t N e w s
Mcx Environmental to construct 30-Megawatt Solar Park in Mwale Kenya
Posted on : Monday, 22nd July 2019
Mwale Medical and Technology City (MMTC), Kenya's green city under construction, will soon be armed with a solar photovoltaic plant. The 30 MW plant will be constructed by the American company MCX Environmental Energy Corp.
MCX Environmental Energy Corp, a US company specializing in renewable energy production, declared that it will build a solar photovoltaic park in Mwale Medical and Technology City (MMTC), a new city under construction in western Kenya. Construction of this solar power plant will start by November 2019.
It will have a capacity of 30 MW, expandable to 50 MW, according to MCX Environmental Energy. The project, which has been agreed with MMTC, will need an overall investment of more than 10 billion Kenyan shillings, or $100 million. The MCX Environmental Energy project is also part of the United States Agency for International Development’s (USAID) Power Africa initiative, started by the Obama administration and continued under the Trump administration, to give access to electricity for unserved populations in sub-Saharan Africa.
MCX Environmental Energy would be useful from the generosity of the newly created $60 billion International Development Finance Corporation (IDFC) group, funded by the U.S. government, whose aim is to permit the U.S. private sector to compete with Chinese investment, which is growing in Africa and elsewhere in the world.
The entire city will perform with green energy sources. Hundreds of solar streetlights are planned, along with a plant capable of producing 144 MW, via a household waste heating system with energy recovery. The Kenyan government will have invested no less than $2 billion in this project before opening MMTC to the population in 2020. MCX Environmental Energy’s photovoltaic solar park will be conveyed in December 2020.
Source : www.expogr.com