The India-based renewable energy development company, Soleos Energy, is partnering with Melci, an electrical engineering company from the Democratic Republic of Congo (DRC), to build a 200-megawatt photovoltaic solar power plant in the Haut-Katanga province. This $200-million project represents a significant advancement in the region’s renewable energy efforts.
The solar power plant will be located in the village of Fipango, within the Kipushi territory. It is expected to generate approximately 350 million kilowatt-hours of electricity annually, reducing CO2 emissions by 300,000 tons per year. This initiative contributes to the environmental goals of both companies, which are committed to providing cleaner and more affordable energy solutions to developing regions.
Economic and Social Impact
The project is expected to create over 2,000 jobs during the construction phase and more than 500 permanent jobs once the plant becomes operational. These employment opportunities will have a significant effect on the local economy by offering stable positions and fostering community development. Additionally, access to reliable electricity is essential for supporting economic activities and improving the quality of life for residents in the region.
Commitment to Sustainability
Soleos Energy and Melci reaffirm their commitment to environmental sustainability. By investing in renewable energy infrastructure, the companies contribute to the reduction of greenhouse gas emissions and support the transition to a greener economy. This project also aligns with a perspective of sustainable economic growth for the DRC by diversifying energy sources and strengthening the country’s energy resilience.
Power Purchase Agreement
The realization of this project will be carried out under a 25-year Power Purchase Agreement (PPA) with Société Nationale d’Électricité (SNEL), a state-owned utility in the DRC. This agreement ensures long-term energy stability for the DRC while providing solid returns for investors. The collaboration between Soleos Energy and SNEL ensures the efficient integration of solar production into the national power grid, thereby enhancing the country’s energy security.
Start of Construction and Future Prospects
The groundbreaking ceremony for the project took place on October 18, 2024, marking the immediate start of construction work. The partner companies plan to complete the solar power plant by the end of 2025. Once operational, this facility will play a crucial role in meeting the region’s growing energy demand while laying the foundations for sustained and environmentally respectful economic growth.
