Sol Ecolution (Barbados) Ltd. (“Sol Ecolution”), the renewable energy and low carbon business unit of Sol Petroleum, and BC Energy (Barbados) Inc. with BC Energy Projects (Barbados) Inc. (together “Blue Circle Energy”), are pleased to announce that they have signed a Memorandum of Understanding (“MOU”) to jointly advance the development and construction of a portfolio of renewable energy projects in Barbados which Blue Circle currently has under development (the “Portfolio”). July 6, 2022 Sol EcolutionUnder the terms of the MOU, Blue Circle Energy will develop the Portfolio through the pre-construction phase, and partner with Sol through the construction process. Sol will fund project construction, as well as operate and maintain the projects through their 20-year lifespan. The Portfolio comprises approximately 50 single-axis tracking, ground-mount solar projects,…
Sol Ecolution and Blue Circle sign MOU to Construct Solar Energy Projects Across Barbado – pv magazine International
