Nocart supplies power plants to Africa
Finnish Nocart has made delivery contracts of three distributed power plants to Africa. Two plants will be delivered in Malawi and one in Nigeria.
Total value of the deliveries is 12.9 million euros which is over threefold compared with Nocart’s revenue in 2015.
The plants in Malawi are solar–diesel hybrid off-grid power plants with 1–2 MWh energy storages. The plant in Nigeria is an off-grid hybrid plant using solar and sawdust.
Nocart delivers distributed power plants combining solar, wind, bio and other energy sources for electricity production. Power management units of the plants use Nocart’s software that controls the production, storage and distribution of power.
“We have been working in Africa for two years and have identified a project pipeline of 400 million euros worth of high quality potential projects where we aim to participate during the next five years,” tells Nocart CEO Vesa Korhonen. “These three signed projects are our first megawatt class deals and we expect this rapid growth to continue over the coming years.”