Building Energy SpA, global renewable energy solution provider, will develop two-20MW ac solar projects in Bulemu, located in Kabwe District, Zambia, which are set to generate 50 GWh each per year
The company has been appointed preferred bidder in the GET FiT tender launched by the government of the Republic of Zambia and KfW to facilitate private sector investment in the country.
GET FiT programme is a partnership between the Zambian Ministry of Energy and the German Development Bank, KfW, implemented by the GET FiT Secretariat in order to develop small and medium-scale Renewable Energy Independent Power Projects (IPPs) in Zambia.
This is the largest single Solar PV tender implemented in Sub-Saharan Africa to date outside of South Africa and represents the first phase of implementing the Government of the Republic of Zambia’s REFiT strategy, launched in 2017.
The Republic of Zambia, which features an average annual growth in electricity consumption of around three per cent, has set the goal for universal access to reliable and affordable energy at the lowest total economic, financial, social and environmental cost for all Zambians by 2030.
Renewable energy sources are abundant in the country and hydropower is the major contributor to the country’s electricity supply with 2,380MW.
The awarded tariff of 3.99 USc/Kwh, proposed by Building Energy, is the lowest achieved through a public tender in sub-Sahara Africa for a solar project.
Building Energy has a strong presence in Africa across the solar, wind and hydro projects. After opening its office in Cape Town, the company has been managing and coordinating the development and realisation of more than 350MWp of projects in South Africa and in sub-Saharan Africa including Zambia, Uganda and Mali.
One of Building Energy’s projects in Africa is a photovoltaic plant in Tororo, Eastern Uganda, which started generating energy in October 2017.
