Solar energy is one of the fastest growing renewable energy sources. As photovoltaic technology advances and production costs decrease, Perpetual Energy is expanding solar energy in its portfolio as customer choice drives the shift toward decentralized electricity.
As we prepare for a lower carbon future, Perpetual Energy is expanding our solar power generation capability by investing in the development and operation of long-term commercial and industrial solar projects.
We are proud to announce, we are bidding for concession agreements in China and in Kenya, projects which are expected to be completed by 2020. Perpetual Energy is expanding to different markets to take advantage of opportunities of financing using Green Energy.
Details of the concessions will be disclosed after the shareholder’s meeting on February 2020.