Kolwezi large-scale solar power project, Democratic Republic of Congo
Name of the Project
Kolwezi large-scale solar power project.
Location
Kolwezi, south-eastern Democratic Republic of Congo (DRC).
Project Owner/s
International Finance Corporation (IFC), Globeleq, CIGenCo, Greenshare Energy, Greenshare Congo, Volt Renewables, and Nzuri Energy.
Project Description
To scale up clean energy production capacity in the DRC, the IFC, Globeleq, CIGenCo, Greenshare Energy, Greenshare Congo, Volt Renewables, and Nzuri Energy have partnered to develop a large-scale solar power facility in the country.
The independent power producer will produce a planned 100 MWac of solar photovoltaic power, which will be sold to the national utility and support mining operations and economic activity in the region.
Potential Job Creation
Not stated.
Capital Expenditure
To support the project’s development costs, the IFC is providing up to $900 000 through its Collaborations and Co-development Financing Program and up to a further $900 000 from the Finland-IFC Blended Finance for Climate Program.
Planned Start/End Date
Construction of the solar plant is expected to begin in 2023 and should be completed within 12 months.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
IFC, Abdoul Maiga, tel + 1 202 967 8969 or email amaiga7@ifc.org.
Globeleq, email info@globeleq.com.
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