4 FAQs about Solar incentives lusaka

How will the Ngwenya Solar Project Impact Zambia?

The Ngwenya Solar Project is also poised to have a positive impact on Zambia's economy by creating jobs during construction and providing ongoing employment once the plant is operational. The project will help diversify Zambia's energy mix, making the country's electricity supply more resilient to climate change.

Will Ngwenya be Zambia's largest solar power plant?

Slated for a site approximately 40 kilometers west of the capital, Lusaka, the Ngwenya facility is set to become the largest solar power plant in the country. It will provide clean, reliable electricity to the national grid and help Zambia reduce its dependence on hydroelectric power, which currently accounts for most of its energy supply.

How will eaif help Zambia reduce its dependence on hydroelectric power?

It will provide clean, reliable electricity to the national grid and help Zambia reduce its dependence on hydroelectric power, which currently accounts for most of its energy supply. The EAIF's $30 million loan is a critical component of the project's financing, part of a larger package estimated at $100 million.

How will ZESCO benefit from the Ngwenya solar plant?

The project also benefits from a long-term power purchase agreement (PPA) with ZESCO, Zambia's state-owned electricity utility. Under this 25-year PPA, ZESCO will purchase all electricity from the Ngwenya Solar Plant at a fixed price, providing financial stability and ensuring the power it generates will be fully utilized.

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