Canadian renewables company East African Power (EAP) has acquired an 85% stake in two solar projects in the Democratic Republic of the Congo. The two solar projects, with an installed capacity of 133 MW each, are located in Katanga and Lualaba provinces.
The projects have secured 20-year PPAs with the national utility, Société Nationale de l’Electricité (SNEL).
“With the support of esteemed organizations like TDB, we are excited to support the growth of the IPP market in the DRC, providing clean, reliable, and sustainable power to drive economic growth and enhance the quality of life for the people of DRC,” said said East African Power CEO Dan Klinck.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.