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Monday, May 16, 2022

Finnish Off-Grid Power Firm Nocart Breaks Into Africa

Nocart wins contracts in Africa for delivery of three distributed power plants in a deal worth 12.9 million euros.

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Nocart, which delivers distributed power plants combining solar, wind, bio and other energy sources as well as energy storage, said on Tuesday it had won orders in Malawi and Nigeria.

“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. These three signed projects are our first megawatt-class deals and we expect this rapid growth to continue over the coming years,” Nocart CEO Vesa Korhonen said in a statement.

The heart of the deliveries is Nocart’s proprietary software controlled PMU (Power Management Unit) that controls the production, storage and distribution of power. Other components of the power plant are subcontracted from selected vendors. Nocart’s 2015 revenue was around 3.9 million euros.

The plants in Malawi are a 2MW Solar–diesel hybrid off-grid solution with 1MWh energy storage and a 4MW Solar–diesel hybrid off-grid solution with 2MWh energy storage. The plant in Nigeria is a 1MW off-grid hybrid using solar and sawdust (multi-fuel CHP plant)

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Tarmo Virki
Tarmo Virki
Hi its Tarmo here!

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