Opened on March 11, 2019, the 54 MW Bangweulu Solar Park was developed for a total investment of $60 million. It was inaugurated by the Zambian President Edgar Chagwa Lungu. (Photo Credit: Edgar Chagwa Lungu/Facebook)
- 54 MW Bangweulu Solar Park has come online in Zambia’s Lusaka South Multi-Facility Economic Zone
- The $60 million project was developed by Neoen and First Solar under World Bank’s Scaling Solar Program
- Power generated by this project will be bought by national utility ZESCO for 25 years at $0.0602 per kWh
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Zambia has the 54 MW Bangweulu Solar Park up and running. It was commissioned by the African country’s President Edgar Chagwa Lungu on March 11, 2019, which he announced on his social media channels. Located in the Lusaka South Multi-Facility Economic Zone, the project is aimed at helping the country diversify its energy mix that’s overly dependent on hydroelectric power.
It was developed for a total investment of $60 million, of which $39 million came from the International Finance Corporation and the Overseas Private Investment Corporation (OPIC).
The project is part of the 100 MW capacity awarded to French renewable energy developer Neoen under Round 1 of the World Bank Group’s Scaling Solar program for Zambia. In March 2017, Neoen and First Solar entered into a 25-year power purchase agreement (PPA) for the project with Zambian national utility, ZESCO. The latter will purchase solar power from this plant for a tariff of $0.0602 per kWh (see Neoen Signs PPA For Zambia Project).
Enel Green Power of Italy won the 34 MW Ngonye Solar PV Plant in the 100 MW tender for a winning bid of $0.0784 per kWh. It commenced construction on the project in August 2018, with completion due in Q1/2019 (see Enel Breaks Ground On 34 MW PV In Zambia).
In April 2017, Zambia issued a request for prequalification documents under round 2 of the Scaling Solar program for 150 MW to 250 MW of PV capacity (see Zambia RFQ For Scaling Solar).