Zambia’s 32MW Solar Project Moves Ahead

Key Figures & Findings: Independent power producers Serengeti Energy and Kwama Energy have advanced the Ilute Solar PV Project in Zambia by signing the Engineering, Procurement, and Construction (EPC) contract with Energy China. The project aims to expand energy access domestically and enhance cross-border electricity trade across Southern Africa.

Statistics & Insights:

• Capacity: The project has an installed capacity of 32 MW.

• Timeline: Construction is scheduled to begin in November 2025 and is expected to be completed within 12 months.

• Financing: Project financing was finalized in June 2025 with support from FMO, the African Development Bank (AfDB), and ElectriFi.

• Agreements: A Power Purchase Agreement (PPA) was established with GreenCo in December 2023, and a grid connection agreement with ZESCO in December 2024.

Future Implications: If completed on schedule in late 2026, the Ilute Solar PV Plant could play a vital role in strengthening clean energy supply and trade, demonstrating the viability of Southern African countries leveraging private financing to meet rising regional demand.

Source: Energy Capital & Power

Quick Take: Zambia’s 32 MW solar project is fully secured with financing and construction contracts, positioning the country to increase clean power exports across its region.