Serengeti Vitality, an unbiased energy producer (IPP) based mostly in Kenya, has introduced the commissioning of the Nkhotakota 1 photo voltaic photovoltaic plant in Malawi’s Central area. The preliminary capability of the photo voltaic park is 21 MWac and is now linked to the Malawian nationwide grid.
The Nkhotakota photo voltaic park is a challenge developed by Serengeti Vitality and the Dubai-based photo voltaic power developer and investor Phanes Group. The photo voltaic farm is deliberate to be elevated to 38 MWac with the commissioning of its second section.
The commissioning of the Nkhotakota 2 photo voltaic plant is deliberate to be commenced inside just a few weeks. In line with Serengeti Vitality, the second section of the photo voltaic park has reached mechanical completion whereas testing and commissioning are underway.
As soon as all of the phases are accomplished, the Nkhotakota solar energy plant could have the capability of producing 7 GWh of electrical energy yearly. The electrical energy produced might be fed into Malawi’s energy grid beneath a 20-year energy buy settlement with the state-owned energy firm Electrical energy Provide Fee of Malawi (ESCOM).
Patrick Silungwe, Serengeti’s Nation Supervisor in Malawi, thanked the Malawian authorities for his or her help within the challenge’s success and their dedication to rising renewable power improvement. In line with Silungwe, the general challenge improvement value is estimated at $40 million.
The Nkhotakota photo voltaic challenge builders have acquired funds from U. S. Worldwide Growth Finance Company. The photo voltaic park can be lined by a $64 million assure from the pan-African monetary establishment, Africa Commerce Insurance coverage Company (ATI), beneath its Regional Liquidity Help Facility (RLSF).