Zambia: Chisamba solar plant (100 MW) accelerates private energy transition

The Chisamba solar power plant, a major private project in Zambia with a $71.5 million investment, has reached 91% completion, aiming to bridge a structural energy deficit through a strategic partnership with a leading mining group.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

The Chisamba photovoltaic solar plant project, with an installed capacity of 100 megawatts (MW), highlights the increasing involvement of the private sector in Zambia’s energy production. Located in the Central Province, this infrastructure is currently nearing completion, having already reached a progress rate of 91%. The initiative, led by Kariba North Bank Extension Power Corporation (KNBEPC), a direct subsidiary of Zambia’s national power operator ZESCO, reflects the country’s ambition to address a national energy deficit estimated at 750 MW as of May 2024. The project, with a total cost of $71.5 million, is exclusively financed by Stanbic Bank Zambia, part of the Standard Bank Group.

A strategic partnership with the mining sector

The plant is being constructed by PowerChina International Group Limited, a company specializing in energy infrastructure. Construction, which began in June 2024, is expected to last about two years, according to information provided by Zambia’s Ministry of Energy. All electricity generated will be purchased by GreenCo Power Services, a company specializing in energy trading in the Zambian market, under a 13-year Power Purchase Agreement (PPA). The primary beneficiary of this energy will be First Quantum Minerals (FQM), a leading player in Zambia’s mining industry, whose high energy demand is a significant economic driver for the country.

Direct impacts on the national grid

The connection of this solar plant to ZESCO’s national transmission network will directly meet the specific needs of FQM, thereby freeing up additional capacity for general consumption. By ensuring regular energy production, the Chisamba project aims to stabilize electricity supply, critical to the mining industry, which is a cornerstone of Zambia’s economy. The integration of this infrastructure into the national grid is part of a broader context of private investments aimed at supporting industry and mitigating the effects of frequent load-shedding, which affects both households and productive sectors.

A structuring project for the local economy

The implementation of the Chisamba project also brings immediate local economic benefits, including the creation of over 200 direct jobs during the construction phase. These jobs help stimulate regional economic activities, promoting local industrial growth. The strategic selection of a central region underscores the importance placed on the equitable distribution of economic benefits associated with new energy infrastructure. The success of Chisamba’s private model could pave the way for similar projects in other regions of the country facing comparable energy challenges.

The ongoing expansion of the private energy model in Zambia continues to attract interest from numerous economic observers, notably because of the opportunities it represents for foreign and local investors. Ultimately, Chisamba’s operational success could lead industrial stakeholders to reconsider their energy strategies in Zambia, leveraging the enhanced capacities offered by the private sector.

Sun Investment Group has launched a crowdfunding campaign with Enerfip to raise up to €1.6mn ($1.7mn) to support the development of twelve photovoltaic plants in Italy totalling 113 MW.
GreenYellow will develop a 1.5 MWp photovoltaic plant in Mauritius for Volailles et Traditions, with an expected annual output of 2.45 GWh fed into the national power grid.
An alternative energy scenario proposes increasing solar and storage capacity by 2037 to reduce fossil fuel dependence and cut electricity generation costs in Thailand.
Osaka Gas and Daiwa Energy & Infrastructure have formed a partnership to expand their renewable energy business with the acquisition of a 25MW solar power plant in Kyoto, formerly owned by Kyocera TCL Solar.
Global South Utilities, filiale de Resources Investment LTD, inaugure à N’Djamena la centrale Noor Chad de 50 MW avec 5 MWh de stockage, dimensionnée pour alimenter des centaines de milliers de foyers et exploitée directement par l’entreprise.
Nine African countries will receive €545mn ($638mn) in European Union funding to support rural electrification and strengthen regional renewable energy infrastructure.
TotalEnergies will transfer half of a 1.4 gigawatt solar portfolio to KKR, strengthening its position in the North American power market while securing $950 million through the sale and bank refinancing.
EDP, via EDP Renewables, inaugurates in Menestreau (Nièvre) a photovoltaic park of nearly 16MWc, comprising 29,630 panels and designed to produce about 19GWh per year, in co-activity with sheep farming.
The transaction creates the fifth-largest US residential solar player by installed megawatts, doubles the sales force to 1,734 representatives and targets a record operating profit in the fourth quarter of 2025.
Founder Group invests MYR1.16bn ($2.76bn) in a 310 MWp solar project with storage in Malaysia to power a future 200 MW green data centre campus.
RES secures a three-year contract to operate the Cleve Hill site, marking a strategic asset transfer in the UK's large-scale solar market.
AMEA Power announces its 120 MWp photovoltaic plant in Kairouan is 82% complete, with commissioning expected before year-end.
Africa's photovoltaic market is expected to grow rapidly with 23 GW of new installations projected by 2028, according to Global Solar Council forecasts.
Canadian pension fund La Caisse has acquired Edify for CAD1bn to support two hybrid solar projects in Australia including battery storage systems.
The Amance solar park, now owned by Commerz Real’s Klimavest fund, has entered production with a capacity of 47 MWp, confirming the investor’s strategy in the French market.
Boviet Solar expanded its Greenville plant with a third production line, raising its annual photovoltaic module capacity to 3 GW as part of an industrial investment exceeding $400mn.
Schneider Electric partners with GreenYellow to solarise 24 industrial sites in France, reaching an installed capacity of 16.9 MWp as part of a large-scale self-consumption energy programme.
The new solar park in Amilly, Loiret, redevelops nine hectares of former military land and now generates electricity for over 5,500 people.
Swedish group Vattenfall has started operating the Tützpatz agri-photovoltaic park, Germany’s largest installation of this kind, with a ten-year power supply contract signed with Deutsche Telekom.
Indian developer Sunsure Energy has inaugurated a new solar plant in Jhansi, bringing its projects in Uttar Pradesh to ten, and targeting 500 MW capacity in the state by the end of fiscal year 2025-2026.