SkyPower, the world’s largest developer and owner of utility-scale solar photovoltaic (PV) energy projects, has signed a landmark agreement with the Republic of Djibouti for the development of 200MW of world-class solar projects to be built in four phases in Djibouti over the next four years.
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“Africa has become a global hub for the growth of clean, renewable energy, and many visionary leaders of African countries are making the decision to harness the power of the sun to create a brighter future for the citizens of their countries,” said SkyPower President and Chief Executive Officer Kerry Adler, according to a company statement.
The 200MW solar project will represent an estimated investment of $440m, which also includes corporate social responsibility investments of $11m toward education, training, research and development in Djibouti.