Astra Energy (OTCQB: ASRE) today announced its receipt of a commitment letter from the revolutionary government of Zanzibar to supply approximately 200 acres of land by way of a 33-year renewable lease, for Astra’s proposed Zanzibar Clean and Renewable Energy Park Project (“Project”). The Project will generate 50MW of clean and renewable energy on Unguja, the largest island in the Zanzibar Archipelago and the seat of Zanzibar’s semi-autonomous government. It will comprise of 42.5 megawatts of solar generation, coupled with Astra’s proprietary Regreen waste-to-energy technology, which will generate the remaining 7.5 megawatts and consume and eliminate approximately 300 tons of municipal solid waste (“MSW”) daily. The Project will also include a battery energy storage system (BESS), a peak power source and much-needed source of grid stability for the island. “Astra conceived this unique Project to address two of Zanzibar’s most pressing issues: access to clean, reliable power and the growing problem of municipal solid waste disposal,” said Astra’s Vice President of Electrical Power Generation Tony Thompson. “The 50 megawatts of generation on Unguja, coupled with the BESS component, will drastically reduce the island’s reliance on a single 100-MW submarine cable from mainland Tanzania, which is currently its sole source of power and is routinely operated at greater than 90% of its capacity during periods of peak demand on the island. The Project’s consumption of 300 tons per day of MSW will reduce the stress on the Kibele landfill, the island’s only dedicated receptacle for waste.”
To view the full press release, visit https://ibn.fm/h7jVm
About Astra Energy Inc.
Astra Energy is an integrated solutions provider investing in and developing renewable and clean energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs. Astra’s corporate strategy is rooted in securing technologies and assets; identifying viable market opportunities; and bringing together resources, expertise, technology and defined action plans to execute first-in-class projects that benefit communities, local economies, the planet and the company’s investors. Its goal is to create a more secure and sustainable power sector that supports the company’s purpose, mission and values to transform the economic, environmental and social landscape for generations to come. For more information on Astra Energy, visit the company’s website at www.AstraEnergyInc.com.
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorWire.com
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
InvestorWire is part of the InvestorBrandNetwork