First PPA-linked solar park in Zambia
Zambia-based GreenCo Power is seeking independent power producers for the construction of a solar park with a capacity of up to 40 MW in the sub-Saharan country. The pilot project will be the first in taking advantage of new rules that liberalized the Zambian energy market by enabling bilateral power purchase agreements.
Zambia issues RfP for 100 MW of solar
Via the tender, selected developers will be awarded 25-year PPAs for the sale of power to local utility, ZESCO.
Zambia seeks further financing for its 100 MW PV project pipeline
The African Development Bank is currently seeking consultants to arrange debt financing for five 20 MW projects it aims to develop under Zambia’s Renewable Energy Financing Framework.
International investors provide $34 million for solar plant in Zambia
The Ngonye project proposed by Italian energy giant Enel Group and Zambia’s Industrial Development Corporation, will be financially underpinned by senior loans of up to $10 million from the International Finance Corporation, up to $12 million from IFC-Canada Climate Change Program and up to $11.75 million from the European Investment Bank.
GET FiT scheme launched in Zambia after successful run in Uganda
Through a partnership between German investment bank, KfW and the Zambian Ministry of energy, the GET FiT scheme has entered its first round, with a tender of up to 100 MW.
India’s Sterling and Wilson to build 54.3 MW solar plant in Zambia
The PV plant will be the nation’s largest once complete, and will be implemented under the International Finance Corporation’s Scaling Solar program.
Zambia to launch 100 MW solar tender
The tender will be open to PV projects not exceeding 20 MW in size, and will award long-term PPAs for the sale of power to local utility ZESCO.
Zambia receives $34.8 Million from German KfW
The funding is to be used to implement a Renewable Energy Feed-in Tariff (REFiT)-Strategy. Zambia aims to attract investors to overcome the energy crisis and to generate power sustainably.
Zambia’s solar: mini grids and scaling solar projects pick up
Several sessions during last week’s Africa Energy Forum (AEF) depicted the dynamics of solar energy development in Zambia that is currently taking the form of mini grids as well as larger projects via the scaling solar program.
Zambia issues tender for 500 MW of large-scale PV capacity
Zambia’s Industrial Development Corporation Limited (IDC) has issued a Request for Prequalification for the construction of several large-scale solar plants across the country. Selected projects will be developed under the ‘Scaling Solar’ initiative.
