Name of the Project
Ngonye solar plant.
Location
The project is located in the Lusaka South Multi-Facility Economic Zone, in the south of Zambia.
Client
The Ngonye solar plant will be owned by a special purpose vehicle in which the Enel group will hold 80% and the Zambia Industrial Development Corporation (IDC) 20%.
Project Description
The project forms part of the Scaling Solar programme, a World Bank Group solution assisting governments in quickly procuring and developing large-scale solar projects using private financing. The facility is expected to produce about 70 GWh/y, helping Zambia reduce power shortages and diversifying the country’s energy generation mix.
Potential Job Creation
Not stated.
Value
Enel will invest about $40-million in the construction of the facility.
Duration
Not stated.
Latest Developments
The Enel group and Zambia’s IDC signed a financing agreement of about $34-million in June this year for the construction of the Ngonye solar plant in the country.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Enel, tel +39 06 8305 5699, fax +39 06 8305 3771 or email ufficiostampa@enel.com.