ZESCO has signed a 1000-megawatt Solar Power Purchase Agreement (PPA) with United Arab Emirates-owned SkyPower Global. This deal marks a milestone for Zambia’s renewable energy plan, aimed at supporting the country’s capacity for sustainable growth.<\/p>\n\n\n\n
The initiative, known as the Green Giant Zambia Project, plays a critical role within the country’s integrated renewable energy plan, particularly in light of the current drought. President Hichilema stated that this initiative will increase energy capacity substantially, marking a step towards achieving energy security.<\/p>\n\n\n\n
The project will also support the country\u2019s economic goals, including the aim to achieve over three million metric tonnes of annual copper production by 2031.<\/p>\n\n\n\n
During the signing ceremony, Michael Prest, Special Advisor and Country Manager at SkyPower, described the Green Giant Zambia initiative as a step towards a sustainable future.<\/p>\n\n\n\n
Kerry Adler, Founder and CEO of SkyPower, said that the project will create jobs as well as sustainable infrastructure that will benefit future generations.<\/p>\n\n\n\n
Victor Mapani, Managing Director of ZESCO, stated that the agreement with SkyPower Global demonstrates the company’s commitment to transforming Zambia into a renewable energy hub.<\/p>\n\n\n\n
In a statement made yesterday, President Hichilema announced, \u201cToday we have made great strides towards making our ‘Integrated Renewable Energy Plan’ a reality, through the signing of a 1000MW Power Purchase Agreement between ZESCO and SkyPower Global. This agreement will go on to provide electricity for approximately 4 million homes and create new jobs and infrastructure development for our citizens.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
ZESCO has signed a 1000-megawatt Solar Power Purchase Agreement (PPA) with United Arab Emirates-owned SkyPower Global. This deal marks a milestone for Zambia’s renewable energy plan, aimed at supporting the country’s capacity for sustainable growth. The initiative, known as the Green Giant Zambia Project, plays a critical role within the country’s integrated renewable energy plan, […]<\/p>\n","protected":false},"author":7,"featured_media":5702,"comment_status":"closed","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1],"tags":[],"class_list":["post-5691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-press-releases","category-uncategorized"],"jetpack_featured_media_url":"https:\/\/skypower.com\/wp-content\/uploads\/2024\/05\/Zambia1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/skypower.com\/index.php?rest_route=\/wp\/v2\/posts\/5691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skypower.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skypower.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skypower.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/skypower.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5691"}],"version-history":[{"count":1,"href":"https:\/\/skypower.com\/index.php?rest_route=\/wp\/v2\/posts\/5691\/revisions"}],"predecessor-version":[{"id":5692,"href":"https:\/\/skypower.com\/index.php?rest_route=\/wp\/v2\/posts\/5691\/revisions\/5692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skypower.com\/index.php?rest_route=\/wp\/v2\/media\/5702"}],"wp:attachment":[{"href":"https:\/\/skypower.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skypower.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skypower.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}