The 600 MWp Phase I of the Kinshasa Solar City PPP Project has been launched in the capital city of Kinshasa in the Democratic Republic of Congo (DRC).
The Kinshasa Solar City will have a total generating capacity of 1000 MWp once fully commissioned. It will be implemented under the BOOT (build, own, operate, transfer) model of public-private partnership (PPP).
Phase I of the project is awarded and being developed by Sun Plus, a unit of The Sandi Group (TSG), in the Menkao, a rural district of the Maluku commune 74 km from Kinshasa. Sun Plus has signed a 25-year power purchase deal with the state-owned utility National Electricity Company (Snel) for the energy produced in the solar plant at US$0.095 per kWh rate.
The entire project is expected to generate a total investment of about US$1 billion.
Phase I is expected to enter operation before the end of 2020.
The European Investment Bank (EIB) has entered into an agreement with the Democratic Republic of Congo, Burundi, and Rwanda for the EUR9.1 million (US$9.89 million) grant for the Ruzizi III...
Read moreThe governments of Burundi, the Democratic Republic of Congo (DRC) and Rwanda have signed an agreement with IPS, the industrial and infrastructure development arm of the Aga Khan Fund for Ec...
Read more10 million people will gain energy access following a deal between BBOXX, a next generation utility platform, and Africa Infrastructure Investment Managers (AIIM). AIIM, though its AIIF3 fund, is inve...
Read moreAndritz Hydro has received orders to supply equipment for the project. Andritz will replace four turbine units, generators, governors, inlet valves, exciters, voltage regulation, and draft tube stoplo...
Read more