- Bamburi signs PPA with MOMNAI Energy for clean energy development.
- The solar project will have a cumulative capacity of 19.5MW
Bamburi Cement Plc has signed a power purchase agreement (PPA) with an independent power producer, MOMNAI Energy Limited, to set up two solar plants as the firm moves towards renewable energy. The project is set to deploy solar power systems with a total capacity of 14.5MW and 5MW for Bamburi’s Mombasa Plant and Nairobi Grinding Plant, respectively.
In a statement by Miriam Ngolo, Bamburi’s Strategy and Business Development Director, “We are elated to be making this step towards switching to more affordable and clean energy that will not only lead to a significant reduction in power costs but also bring us closer to our goal of achieving Net Zero carbon emissions.”
The solar facility is set to begin construction in the last quarter of 2022, after requisite regulatory approvals with expected completion within a year. MOMNAI Energy will be responsible for financing all costs related to the project, including developing, managing, operating, and maintaining the solar photovoltaic plants’ infrastructure.
“We are dedicated to playing a significant role in a fast transition to a cleaner and cheaper energy sector in Africa for a more sustainable world and improvements of the economies and livelihood of people on the African continent,” said MOMNAI Energy Director Anders Hauch.