SunShare Energy, ZESCO Partner on US$246 Million Solar Expansion Project in Zambia
The Zambian government signed a US$246 million agreement with SunShare Energy and ZESCO in Mumbwa District, Zambia, to expand the Nambala Solar PV Plant by an additional 200 MW under a Power Purchase Agreement (PPA).
The deal was concluded through a Power Purchase Agreement (PPA) between SunShare Energy and ZESCO, Zambia’s state-owned electricity utility. As part of the arrangement, the solar facility will deliver renewable power to the national grid, helping enhance electricity supply and improve energy reliability for residential, commercial, and industrial consumers throughout Zambia.
The project, situated in Zambia’s Mumbwa District, will employ modern solar photovoltaic (PV) technology to generate electricity from sunlight. Zambia offers favorable conditions for solar energy production due to its high levels of year-round solar irradiation. The expansion of solar generation capacity is expected to ease dependence on hydropower facilities, including the Kariba Dam, particularly during droughts and periods of reduced rainfall.
Country news
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October 25, 2023
Approval received for 2400 MW hydroelectric PPP project in Zambia
The United Nations (UN) has given Zambia and Zimbabwe approval to build the 2400 MW Batoka Gorge hydroelectric scheme (BGHES) downstream from Victoria Falls.
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September 19, 2023
EOI invited for 40MW grid-connected wind project in Zambia
Zambia’s Ministry of Energy has invited consulting firms to express interest in the preparation of a 40MW wind project under its Scaling-up Renewable Energy Programme.
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July 11, 2018
10 bidders shortlisted for 100 MW solar projects in Zambia
On behalf of the Zambian Ministry of Energy, the GET FiT Zambia Secretariat has announced that ten companies or consortia have been shortlisted to develop 100 MW solar photovoltaic projects in the country.
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June 25, 2018
IFC and EIB to finance 34 MW solar project in Zambia
Enel Group and Industrial Development Corporation (IDC) have signed a financing agreement for around US$34 million senior loans for the construction of the 34 MW Ngonye solar plant in Zambia.
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January 02, 2018
Financing agreed for Zambia's first Scaling Solar project
Financing has been agreed for a 47.5 MW solar farm in Zambia, setting a new benchmark for low-cost solar power in sub-Saharan Africa.
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