Revolve Renewable Power Corp. reported that installation works have commenced on the 450kWp rooftop solar project (the Project) announced on January 29, 2024. The Project is being installed at the site of a food manufacturing business in Central Mexico and is expected to generate in excess of 650,000kWh of renewable electricity each year, offsetting 325,000 kg (325 tonnes) of CO2 emissions.

Electric will be sold to the client under a 15-year power purchase agreement (or PPA) based on a fixed price per kWh generated by the Project. Installation works are set to continue over the next few months with commercial operation targeted before the end of June this year. Once the Project is operational Revolve will own and operate a combined portfolio of 12.78MW (net) selling renewable energy under long term PPAs to various utilities, cities and industrial customers in Canada and Mexico.