Sturdee Energy signs first two solar PV power purchase agreements in Botswana

BOTSWANA – Sturdee Energy, a Sub-Saharan Africa-focused independent power producer (IPP), has signed two power purchase agreements with the Botswana Power Corporation (BPC) for the country’s first two solar PV IPP projects. A 3MW (AC) solar PV project will be created in Bobonong in the central district of Botswana and a 1MW project will be built in Shakawe in the northwest of the country. Under the executed Power Purchase Agreements (PPAs), Sturdee Energy will sell electricity to BPC for 25 years. The projects are expected to produce more than 10,000MW…

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Old Mutual to install solar power plant at its Harare headquarters

ZIMBABWE – Old Mutual Life Assurance Company Zimbabwe, the subsidiary of the insurance company Old Mutual, is planning to install a 648 kWp solar power plant at its headquarters in Harare. The solar photovoltaic system will be connected to the Zimbabwean national electricity grid. Faced with load shedding in Zimbabwe, many companies are turning to self-consumption and this is the case of Old Mutual Life Assurance Company Zimbabwe. The insurance company wants to equip its Emerald Hill headquarters in Harare with a 648 kWp solar power plant. Old Mutual has…

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African Trade Insurance Agency invests in Malawi’s Salima Solar plant

MALAWI – The African Trade Insurance Agency (ATI), under its Regional Liquidity Support Facility (RLSF), has supported the Salima Solar PV plant, by providing a revolving liquidity guarantee that can be drawn following any payment delays by the national off-taker – Electricity Supply Corporation of Malawi Limited (ESCOM). This is the second project in the country to benefit from RLSF, the first project being Phase 1 of the Nkhotakota Solar Power Plant, with an initial installed capacity of 21MW. The 60MW Salima Solar PV plant, being one of the most…

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Botswana issues license for first large-scale solar power plant

BOTSWANA – The government of Botswana through its energy regulator has granted a generation license for a 100MW solar project to local firm Shumba Energy, a company executive told IOL, making it the first independent power producer to set up a large-scale solar plant in the country. The southern African nation does not currently have large-scale solar power generation and its 600 MW national energy demand is met by state-owned coal-fired plants and imports, primarily from South Africa and Mozambique. The Botswana Stock Exchange-listed Shumba Energy plans to implement the…

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Ultra Green to break ground on 200MWp solar plant in Zambia

ZAMBIA – US-based Ultra Green Corporation plans to break ground on its 200 MWp Serenje solar photovoltaic power plant in September 2021 which will be connected to Zambia’s national power grid. According to Emmanuel Mwizerwa, the managing director of Ultra Green Corporation Zambia, the solar photovoltaic plant will be built on a 448-hectare site in Kosamu and with 465 people employed at the project site, the U.S.-based company hopes to complete the project after 15 to 18 months of construction. The 200 MWp Serenje solar power plant will be one…

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Tanzania receives US$166m loan from French Development Agency for 150MWp solar plant

TANZANIA – The Tanzanian government has just signed US$166 million grant agreement with the French Development Agency (AFD) to finance the construction of a 150 MWp solar photovoltaic power plant. The financial arm of French foreign policy’s grant to the Tanzanian government for the implementation of this project is aimed at diversifying Tanzania’s electricity mix. The loan agreement was signed in the Tanzanian capital Dodoma between the Permanent Secretary of the Ministry of Finance and Planning, Emmanuel Tutub, Frédéric Clavier, the French Ambassador to Tanzania and Stéphanie Mouen Essombe, the…

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IPP Acwa Power secures US$500m funding for its Redstone solar power plant in Northern Cape

SOUTH AFRICA – Saudi Arabian independent power producer (IPP) Acwa Power, has raised US&500 million from the African Development Bank (AfDB), Absa Bank, Development Bank of Southern Africa (DBSA), CDC Group, Nedbank, Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), Deutsche Investitions- und Entwicklungsgesellschaft (DEG), Investec Bank and Sanlam Life Insurance to finance the construction of Redstone concentrated solar power plant (CSP). Following the announcement of the fundraiser, construction work on the 100 MW capacity facility is set to begin. The announcement is an important milestone for this concession granted to Acwa Power…

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Botswana and Namibia sign MoI to implement 5000MW solar complex

BOTSWANA – The governments of Namibia and Botswana have virtually signed a Memorandum of Intent (MoI) for the implementation of their 5,000 MWp mega solar project. Both countries have already received support from the International Finance Corporation (IFC), the International Bank for Reconstruction and Development (BIRD), the African Development Bank (AfDB), as well as the US government’s Power Africa initiative. The Memorandum of Understanding signed between Namibia, Botswana and the international financial institutions comes just days after the signing of a first agreement, also via video conference. These agreements will…

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CrossBoundary Group commissions 424KWp solar plant for XFlora Rose Farms in Kenya

KENYA – CrossBoundary Group through its facility  Crossboundary Energy Fund I, has commissioned a 424KWp solar plant for XFlora Rose Farms in Nakuru County, Kenya. The new roof and ground installations will generate 750MWh of reliable, clean energy annually, resulting in approximately 35% reduction in their power cost. With this solar plant installation, XFlora Farm will over the 20 – year life of the plant, avert over 7,000 tonnes of carbon dioxide emissions. “Our solar power purchase agreements enable businesses operating in Sub-Sharan Africa to access affordable, clean, reliable power…

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Energy firm GreenCo floats tender for 40MWp solar plant in Zambia

ZAMBIA – Energy provider GreenCo Power Services, a subsidiary of Africa GreenCo Group, is launching the pre-qualification process for the selection of an independent power producer (IPP) that will build a solar photovoltaic power plant with a capacity ranging from 10 to 40 MWp. Interested IPPs have until March 21st, 2021 to apply. This comes after Africa GreenCo’s subsidiary was given the go-ahead by the Zambian authorities to play a major role in Zambia’s electricity sector, along with the state-owned Zambia Electricity Supply Corporation (ZESCO). Unlike ZESCO, which distributes electricity…

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