Ethiopian Energy^Power Business Portal,eepBp

GET FiT Zambia announced the award of six (6) solar PV IPP projects, totalling 120MWac. The lowest successful bid came in at 3.999 USc/kWh and the weighted average of all six successful projects is 4.41 USc/kWh1 . This is the largest single Solar PV tender implemented in Sub-Saharan Africa (SSA) to date outside of South Africa, and is the first time a tariff below 4 USc/kWh is achieved through a public tender in SSA.

The GET FiT tender had a target outcome of 100MWac, but due to the favourable results, the GRZ and GET FiT Investment Committee decided to award an additional 20MWac. Notably, the award was not based on price alone but was based on a total combined technical and financial score.

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Zambia’s constant power cuts are now a thing of the past. Thanks to a robust hydraulic and solar power generation industry in recent years, the country is now self-sufficient in energy.  And, there is even better news for citizens of the South African nation- electricity production could soon be in surplus. Zambia generates practically all its energy production from its own primary resources: biomass, coal and hydroelectricity, with flagship plants such as the power station near the Itezhi-Tezhi Dam, in the south-east of the country, taking centre stage.

The $375 million Itezhi-Tezhi hydroelectric generating station became operational in 2016. The plant has a 120-megawatt capacity and is the fruit of the first public-private partnership project in the Zambian energy sector. Its primary objective has been to produce enough power to end the crippling daily blackouts and meet consumer needs of the country’s 17 million inhabitants.

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ENGIE is pleased to announce that commercial operation was achieved on 30 January 2019 for the 100 MW Kathu Solar Park in South Africa. This state of the art plant is a greenfield Concentrated Solar Power (CSP) project with parabolic trough technology and equipped with a molten salt storage system that allows for 4.5 hours of thermal energy storage to provide reliable electricity in the absence of solar radiation and during peak demand.  The Kathu site covers approximately 4.5 km², with 384,000 mirrors. Kathu is the first CSP development for ENGIE.

The solar park was awarded under Round 3.5 of South Africa’s Renewable Energy Independent Power Producer Procurement Program (REIPPP), a competitive tender process that was launched to facilitate private sector investment in renewable energy generation. Kathu Solar Park signed a 20-year Power Purchase Agreement (PPA) pursuant to the REIPPP procurement programme with the off-taker/buyer.

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The World Bank has approved a $455 million loan to Tanzania under its International Development Assistance (IDA) programme to support financing of power projects in the East African nation. The financing from IDA, which gives grants or low-interest loans to the world’s poorest countries, will also fund construction of high voltage transmission infrastructure to connect Tanzania to regional power markets in southern and eastern Africa. “The $455 million credit will finance construction of critical high voltage transmission infrastructure that will support the electrification of the southern and northwestern regions of Tanzania,” the World Bank said in a statement on Thursday. The government said it plans to raise 2 trillion Tanzanian shillings ($880 million) in its budget for fiscal year 2018/19 (July-June) from concessional loans and grants to finance development projects. Tanzania boasts reserves of over 57 trillion cubic feet (tcf) of natural gas, but faces periodic power shortages as it relies on hydro-power dams in a drought-prone region.

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