The Golomoti solar plant is expected to come online in 2022. The plant will be used to provide grid stability and reduce national dependence on diesel generators and hydroelectric generation.
The rise of clean energy and prosumers, net metering and greenhouse gas regulation all figure among the bogeymen as far as national electric companies are concerned.
The 37 MW PV project is part of Malawi’s action plan to free the country from its dependence on hydropower, which currently accounts for over 90% of its energy supply.
The London-based developer revealed blockbusting annual figures which show it is debt free, has almost £20 million in the bank, raked in more than half that figure in net profits in 2018-19 and expects twice as much in a year’s time.
The plant is being developed by German company Droege Energy as an unsolicited IPP project. The electricity produced by the floating array will be bought by local utility Electricity Supply Corporation of Malawi Limited (ESCOM).
Malawian independent power producer Golomoti JCM Solar Corporation Limited is planning a PV plant in Golomoti, 100km south east of Lilongwe. The project will sell power to utility ESCOM under a long-term PPA.
Utility Egenco is seeking developers for a large-scale solar power plant in Salima, in central Malawi.
The large-scale power plant is being built by JCM Matswani Solar Corp Limited. A 20-year PPA has been signed with the Electricity Supply Corporation of Malawi Limited (ESCOM).
JCM Matswani Solar Corp Limited has signed a 20-year power purchase agreement (PPA) with the Electricity Supply Corporation of Malawi Limited (ESCOM) for a 60 MW solar PV project.
According to South African research institute CSIR, the southeast African nation may raise its target for rooftop solar to 50,000 installations by 2030. The institute is seeking consultants to define the future solar roadmap for the country.
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