Kiwapower and Shoei announce the successful start of operations

Kiwapower and Shoei Mexicana (“Shoei”) are pleased to announce the successful start of operations of a 180 kW solar photovoltaic system located on the rooftop of Shoei’s manufacturing facility in Guanajuato, Mexico. The solar system is composed of about 450 modules.

Shoei entered into a Solar Energy Supply Agreement, under which Kiwapower provides solar-energy-as -a-service to Shoei’s Guanajuato facility. Kiwapower as the owner of the solar system, is responsible for its installation, monitoring, management, and maintenance.

Kiwapower empowers Commercial & Industrial businesses in Mexico to achieve their energy transition goals by offering solar energy solutions that require no investment and that are simple and worry-free.

Mr. Hiroyuki Iguchi, the president of Shoei, said “The Kiwapower solution made it simple and economical to power our facility with clean locally generated energy. The implementation was fast and did not cause any problems at all. Running on clean energy was an important goal for us, and Kiwapower helped us achieve it!”

The photovoltaic system is expected to generate approximately 400 MWh per year, enough to supply the needs of 185 Mexican families, and avoid more than 210 tons of CO2 emissions, supplying about 65% of the facility’s total power consumption.



Shoei Mexicana is a subsidiary of Shoei Kogyo Co., a leading Japanese company that specializes in precision metal stamping for the automotive industry and that has over 75 years of history. Shoei established operations in Guanajuato, Mexico in 2016.

Kiwapower SAPI de CV is an independent power producer, specialized in on-site, solar photovoltaic, energy-as-a-service systems, serving commercial and industrial clients in Mexico. The company is a subsidiary of Marubeni Corporation, a major Japanese integrated trading and investment business conglomerate.

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