Mar 30, 2017 Last Updated 9:01 AM, Mar 30, 2017

Zambia to add 1.2GW solar capacity

ABN – The Zambian government has announced plans to develop 1.2 gigawatts (GW) of solar power capacity in order to meet growing power demand.

The new capacity will be added within the next year, before August 2016, filling the country’s 650-megawatt power deficit.

Zambia is currently struggling to fill the deficit by importing power from Mozambique, and it is planning to import power from South Africa in the near future.

According to the country’s Ministry of Mines, Energy and Water Development, it has already been approached by several independent power producers keen to set up solar power plants at competitive rates.

Several external sources have offered to support Zambia in achieving its renewable energy goals, including the International Finance Corporation (IFC) and the French government.

The IFC has pledged to provide debt financing for two 50-megawatt solar projects being developed by Industrial Development Corporation Zambia, which will develop 600 megawatts of solar capacity overall.

On a recent trip to Zambia, France’s energy minister Segolene Royal said the French government would help Zambia to set up solar power projects in rural areas by providing financial support.


Siemens building solar farm in Nigeria

ABN – Engineering conglomerate Siemens (FWB: SIE) and Nigerian company CT Cosmos are to construct a 70-megawatt solar power plant in Panyam, Plateau State, Nigeria.

The US$170 million photovoltaic (PV) facility is set to be completed within the next two years.

It will be the first of many other solar farms proposed to generate much-needed power for Nigeria from the estimated 485.1 million megawatt-hours of solar energy received by Nigeria every day.

CT Cosmos CEO Phillip Chukwueke said Siemens was selected as technical partner due to its proven expertise in delivering high-quality solutions, support and services.


Pre-construction work starts on Atuabo Free Port

ABN – China Habour and Engineering Company has started its pre-construction work on the US$700 million Atuabo Free Port in Ghana.

Soil is being tested on the 2,000 acres of land to ascertain the quality of soil on which the port will be constructed.

Once soil testing, which is expected to take between six and eight weeks, has been completed the company will commence with the construction of the port.

The company is currently finalising the compensation payments for farmers and property owners who currently occupy the land.

Commercial executive at Atuabo Free Port Frank Hagan Brown said: “We believe we’ve done a good job, we have been in touch with the community at large and we hope not to take any of the property owners for granted.”

The Atuabo Free Port will become the one-stop shop for all oil and gas activities in Ghana and across the Gulf of Guinea.


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