Does Zambia need more energy?

While developed nations look to decarbonize, countries in sub-Saharan Africa, including Zambia, will need significantly more energy to power a high-growth society and achieve development goals. The vast majority of Zambia’s population is comprised of smallholder farmers, producing 80 percent of the country’s agricultural production.

What is Zambia's energy supply?

Energy generation in Zambia relies almost entirely on hydro power, accounting for nearly 90 percent of its total installed generation capacity. While the country's electrification rate stands at approximately 27.9 percent, it is facing a serious electricity supply deficit from recent droughts.

Who owns the energy project in Zambia?

Wholly owned by Zambian entrepreneurs, the project supports the diversification of Zambia’s energy matrix and an increase in access to reliable and affordable power, a critical component of the country’s long-term competitiveness and sustainable economic growth.

How can private investment boost Zambia's energy mix?

Supporting the Government of Zambia catalyze private investment in the renewable energy sector to boost electricity generation and diversify the country's energy mix. Energy generation in Zambia relies almost entirely on hydro power, accounting for nearly 90 percent of its total installed generation capacity.

Why should German and European service providers invest in Zambia?

For German and European service providers active in the energy sector, Zambia presents significant potential for business development. There are clear needs across the solar energy and storage value chain, including pro-ject development and financing, equipment manufacturing, system inte-gration and contracting.

Does Zambia have a good electricity mix?

There are notable low-hanging fruits in the development of Zambia’s electricity mix. While Zambia has the potential to generate 2,300 MW of solar and 3,000 MW of wind, only 76 MW of solar has been installed and no wind power to date.