Clear Blue Technologies International announced that it has entered a memorandum of understanding with iSat Africa to be its preferred partner for solar off-grid power. The MoU calls for Clear Blue to provide a minimum of 300 off-grid, remote power systems for satellite and cell phone services in four countries in Africa, to be ordered by the end of Q1 2023.
This order is worth an initial amount of CAD 2 million and has an estimated five-year contract value, which includes capacity upgrades and ongoing service management by Clear Blue, of CAD 3 million. The first 30 systems will ship in Q1 2022 and the remainder of the project is subject to iSat successfully concluding financing.