What is the Zambia Riverside solar power station?

The Zambia Riverside Solar Power Station is a 34 megawatts solar power plant in Zambia. The privately owned solar farm was originally commissioned in April 2018, as a 1 MW power station by Copperbelt Energy Corporation (CEC), who own the energy infrastructure.

How much does a solar power plant cost in Zambia?

President Edgar Lungu has commissioned the 54 megawatts solar power plant, Zambia’s largest solar renewable energy project constructed at a cost of $60 million. This represents Zambia’s first utility-scale solar photovoltaic (PV) farm.

Who owns a solar farm in Zambia?

The solar farm that was commercially commissioned in March 2019, was developed and is owned by a consortium comprising Neoen, a French IPP, Industrial Development Corporation of Zambia (IDC Zambia), a government parastatal company and First Solar, a US-based solar panel manufacturer. The power station cost US$60 million to develop.

Who is developing a solar power station in Zambia?

The Government of Zambia, through IDC Zambia, working with the World Bank Group, as part of the bank's program "Scaling Solar", awarded the tender to develop this power station to Neoen, a French independent power producer.

How much solar power does Zambia have?

Zambia's installed solar capacity stood at 124 MW at the end of 2023, according to the International Renewable Energy Agency (IRENA). In April, Canadian developer SkyPower Global signed a 1 GW power purchase agreement with state-owned utility Zambia Electricity Supply Corp. This content is protected by copyright and may not be reused.

Why is Zambia embracing solar energy?

Zambia is one of the nation’s leading the charge in embracing solar energy. Zambia’s solar energy industry has undergone a tremendous transition in 2023, opening the way for a future that is cleaner, greener, and more robust. The potential for solar power generation in Zambia is enormous due to the amount of sunlight.