GreenCo Power Services has signed the Power Purchase Agreement (PPA) for the 25 MW Ilute photovoltaic solar project in Sesheke, Western Province, Zambia.
The PPA is set to be executed with Serengeti Energy, an independent power producer based in Nairobi, and local entity Western Solar Power. Western Solar Power emerged as the successful bidder in GreenCo's 2021 tender for the plant's development. GreenCo, the renewable energy buyer and trader, became the first entity of its kind to join the Southern African Power Pool (SAPP). Its objective is to introduce competition into electricity markets by steering away from the prevailing single-buyer model. The Ilute power plant marks the inaugural greenfield project in GreenCo's portfolio for power offtake.
Country updates
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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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January 24, 2023
Masdar to develop 3 GW of renewables in Angola, Uganda
Masdar has signed an agreement to further develop 3 GW of renewable energy projects in Angola and Uganda. By 2030, the company intended to deliver 100 GW of clean energy worldwide. Masdar will instal...
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December 22, 2022
Gridworks to invest in Virunga Power
Gridworks has announced that it will invest US$50 million in Kenyan renewable energy firm Virunga Power. Virunga Power, an African rural electric company that develops, invests in, and runs distribut...
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August 25, 2022
ZESCO seeks solar developer for PPP project in Zambia
ZESCO Limited has issued an expression of interst (EOI) seeking developers and/or financiers to develop of a 50 MWAC solar photovoltaic (PV) power project for plants located in the Southern, Western a...
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