Eswatini Switches On Solar

Key Figures & Findings: The Kingdom of Eswatini has commissioned its first-ever solar power plant, bringing the Tsamela Solar Power Plant online as part of its national renewable energy drive. The project marks a strategic shift for the landlocked country, which has historically relied heavily on imported electricity, and signals the start of locally driven solar generation under ESERA’s 75 MW Solar PV procurement programme.

Statistics & Insights:

• Capacity: 20 MW solar photovoltaic (PV) plant.

• Investment Value: Estimated at over 400 million emalangeni (approx. US$23.5 million).

• Energy Output: Expected to generate 47,788 MWh in its first year, offsetting roughly 4.8% of the nation's electricity imports.

• Financing: Debt financing is led by Standard Bank, with 30% of equity allocated to local investors and 30% of debt sourced locally.

• PPA Duration: Secured through a 25-year Power Purchase Agreement with the Eswatini Electricity Company (EEC).

Future Implications: The project could strengthen Eswatini’s energy security, and reduce dependence on imports from South Africa,

Source:  Energies Media

Quick Take: Eswatini’s solar era begins ☀️🇸🇿⚡