First ‘Scaling Solar’ Auctions in Zambia Yield Record Low Tariffs amid Electricity Shortages

The 6.02¢/kWh tariff makes the projects the lowest-cost solar power in sub-Saharan Africa to date

Lusaka – Zambia’s Industrial Development Corporation (IDC) opened bids on May 27 from seven leading renewable energy developers seeking to build large-scale solar power plants in the southern African country where power shortages are acute. The bid tariffs have ranged from 6.02 US cents / kWh to 10.6¢ / kWh at the low end, which would make the projects the lowest-cost solar power in sub-Saharan Africa to date.

Zambia to be net exporter of energy in 18 months, President Lungu

LUSAKA – PRESIDENT Edgar Lungu has said Zambia is on course to rapidly transform the current power deficit into surplus and make the country a net exporter of energy within 18 months.

The Head State said this yesterday when he commissioned a US$200 million 100 mega watts of solar photo –voltaics (PV) power project at Lusaka South Multi-facility Economic Zone (MFEZ).

This was the first phase of the 600 mega watts solar power project to be implemented at a total cost of US$1.2 billion. 

Prequalification begins for 600MW solar power

The state Industrial Development Corporation (IDC) is requesting submissions from companies looking to prequalify for a programme to bring online at least 600MW of solar power in the country. The IDC is aiming to rapidly develop two 50MW solar photovoltaic projects as 25-year independent power projects, and plans to take a minority stake.