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first_img RELATED ARTICLESMORE FROM AUTHOR “Previous TICAD events have resulted in a number of highly successful Japanese-African ventures and we intend to use this opportunity to strengthen our commitment to working with Windlab on world-leading renewable energy projects across East Africa. The flagship Meru County Energy Project will be one of our first projects in the region,” added Inazumi. The MCIDC shareholdingwill earn the County predictable revenue over the project lifecycle over andabove the inherent project implementation benefits to the local community. At the signing ceremony, Hideyuki Inazumi, CEO of Eurus Energy, commented: “Windlab and Eurus Energy have a successful history of developing and implementing innovative projects together, and we are delighted to be expanding our partnership to include the Kenyan Government through the TICAD commitments.” Finance and Policy AFD and Eskom commit to a competitive electricity sector The agreement (which was signed at an official ceremony in the presence of Cabinet Secretary Foreign Affairs Ambassador Monica Juma of the Republic of Kenya, and Prime Minister Shinzō Abe of Japan) forms part of the 7th Tokyo International Conference on African Development (TICAD 7), which is being held this week in Yokohama, Japan. The project isexpected to commence construction in 2021 and Meru County will continue to ownpart of the project when operational. Sign up for the ESI Africa newsletter The project is expected to inject $150 million in investment to Meru County, Kenya and will produce enough reliable, predictable energy to power well over 200,000 homes. “We are excited to bring world-leading innovation in the renewable energy sector and project development expertise to Meru County, Kenya”, commented Roger Price, Windlab’s Global CEO, who was in attendance in Yokohama for the signing of the MoU this week. Read more on:News from KenyaWind energy developments He added: “Signing the MoU here in Japan is a major milestone for the project. We are looking forward to hosting Africa’s first hybrid renewable energy facility in our county.” It is a flagship project for Meru County Investment and Development Corporation (MCIDC). MCIDC’s acting Managing Director, Eng. Samwel Odhiambo, stated: “Our partnership with Windlab is going from strength to strength and the signing of the MoU will bring further momentum, helping us to fast-track delivery of the project and the many associated benefits to the people of Meru County.” KenInvest’s managing director, Dr Moses Ikiara, pledged his support, stating: “As Kenya moves to implement the medium-term Big Four Agenda, promotion of predictable and sustainable renewable energy is key to guarantee successful realisation of the Manufacturing Pillar. We are excited to welcome Windlab and Eurus Energy to invest in Meru and shall offer them all the support required to deliver the project”. The Kenyan Investment Authority and Meru County Government have entered into a Memorandum of Understanding (MoU) with leading global renewable energy developers Windlab and Eurus Energy for the development of Africa’s first large scale hybrid wind, solar PV, and battery storage project – the Meru County Energy Park. Windlab has operatedglobally for over a decade and has a stellar track-record of delivered renewableenergy projects across three continents, including the successful developmentand implementation of the world’s first utility-scale hybrid renewable energyproject, Kennedy Energy Park in Australia (which is co-owned by Eurus Energy). The MoU confirms the cooperation between the Government of Kenya (through KenInvest and Meru County) and Windlab and Eurus Energy towards the implementation of the project, which will also include capacity building and knowledge transfer efforts. The project is being developed in a partnership between MCIDC and Windlab East Africa (which is owned by Windlab Limited and Eurus Energy), as a premier example of a successful Public-Private Partnership initiative. Generation Featured image: Stock Meru County EnergyPark will provide up to 80MW of clean, sustainable renewable energy, consistingof up to 20 wind turbines and more than 40,000 solar panels. TAGSKenyawind energy Previous articleTotal installs a solar powered service station in MoroccoNext articleSouth African tree, a backup for the Amazon rainforest Babalwa BunganeBabalwa Bungane is the content producer for ESI Africa – Clarion Events Africa. Babalwa has been writing for the publication for over five years. She also contributes to sister publications; Smart Energy International and Power Engineering International. Babalwa is a social media enthusiast. Low carbon, solar future could increase jobs in the future – SAPVIA BRICS UNDP China, CCIEE launch report to facilitate low-carbon developmentlast_img read more