MPC Energy Solutions and Leclanché form strategic collaboration for utility-scale energy storage solutions in St. Kitts and Nevis

MPC Energy Solutions (MPCES) has partnered with Leclanché, one of the world’s leading energy storage companies, publicly listed in Switzerland (SIX: LECN), to build the previously announced 35.7 MWp solar photovoltaic (PV) and 18.2 MW battery energy storage system (BESS) project designed with Leclanché Energy Management Software (L-EMS) in St. Kitts’ Basseterre Valley, next to the capital city of Basseterre.

The project requires about US$ 74 million of investment and MPCES has acquired 40% ownership in the project’s holding company, in which Leclanché owns 60%. MPCES will invest up to US$ 17million.

 

Source: Yahoo! Finance