InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed a Shareholders Agreement with its Preferred Developer JCM Power (JCM), committing up to US$2.3m to co-develop the Golomoti Solar project in Malawi.
The two companies have been working together since 2016 to develop the 60 MWAC Salima Solar project in Malawi. It is anticipated that Golomoti will leverage the partnership’s learning from the Salima project to progress more swiftly to construction and operations. In September 2018, a Power Purchase Agreement for both solar projects was signed by the national utility ESCOM.
Country updates
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September 28, 2018
Malawi utility signs PPA for 60 MW solar project
InfraCo Africa has announced that JCM Matswani Solar Corp Limited has signed a 20-year power purchase agreement (PPA) with the Malawian national utility, Electricity Supply Corporation of Malawi Limit...
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June 07, 2018
JCM Power and InfraCo have been granted permission by the Malawi government to acquire the required land for the project
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February 14, 2018
RFEOI issued for 40 MW solar PV project in Malawi
JCM Matswani Solar Corp Limited has issued a Request for Expressions of Interest for the engineering, procurement and construction and long-term operation and maintenance of a 40 MW solar photovo...
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February 07, 2018
Exim Bank of China finance coal-fired power plant in Malawi
The Government of Malawi has disclosed that the 300 MW Kam’mwamba coal-fired power plant project is being financed with a US$667 million loan from the Export-Import (Exim) Ba...
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July 27, 2017
Construction works are scheduled to start in October and commissioning is expected by 202
