M'bishi to Join Solar Power Project in Africa Off-Grid Areas

Economy

Tokyo, Aug. 29 (Jiji Press)--Japanese trader Mitsubishi Corp. <8058> has announced plans to join a project to supply electricity to households in off-grid areas in Africa by investing in a British solar power system developer.

Demand for the systems is expected to grow given that some 600 million people live in nonelectrified areas mainly in the sub-Saharan African region, according to the announcement Wednesday.

Mitsubishi is expected to invest several billion yen in London-based BBOXX Ltd., which sells in Africa so-called solar home systems with solar panels and batteries that provide electricity to home appliances.

BBOXX, established in 2010, operates in 12 countries mainly in Africa, such as Rwanda, Kenya, Togo and Congo.

In the off-grid areas, kerosene lamps are mainly used. But demand for solar home systems is rising amid increasing awareness of the need to reduce environmental burdens.

[Copyright The Jiji Press, Ltd.]

Jiji Press