Zambia’s Zesco, Chinese firm enter $548 man deal

Zesco Limited, Zambia’s state-owned electricity company, has signed contracts worth $548 million with Power China to develop three solar power plants that will add 600 megawatts (MW) to the national grid.

The three contracts are a step towards diversifying renewable energy for the country, which relies heavily on hydropower and has faced electricity shortages partly due to droughts.

“The three-grid solar PV projects will have a capacity of 200 MW each,” Zesco Managing Director, Victor Mundende said in the statement, adding that the power plants will boost access to electricity and enhance industrial development. A generating date is yet to be disclosed.

Zambia’s power supply deficit has grown by nearly 20% since September, State power utility, Zesco announced in March, despite hefty price hikes and the government’s fast-tracking of support for green energy projects. 

Zesco’s Director of Corporate Services Patrick Mwila said in March the electricity deficit had grown to 810 megawatts (MW) from a 690 MW gap in September last year. E

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