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Greenco seals 25 MW solar power project in Zambia




Africa Greenco Group has secured a power purchase agreement (PPA) to buy the output of a 25-MW solar project in Zambia. The Ilute photovoltaic (PV) project is being developed by Zambia-based Western Solar Power and Serengeti Energy, an African renewable independent power producer (IPP) owned by KfW, STOA, Proparco, Norfund, Swedfund and NDF. The scheme will be installed in the Sesheke district of Zambia’s Western Province and operated by Zambia’s national power utility ZESCO. It represents a direct foreign investment of US 37 million (EUR 34.3m) and construction is expected to begin next year with commercial operations commencing by 2025. In September, GreenCo signed an implementation agreement with the Zambian government to make the project a reality under the nation's open access power programme.

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