Ngonye Solar Power Station
Location
The power plant is located in the Lusaka South Multi-Facility Economic Zone, in Kafue District, in Lusaka Province, approximately 25.5 kilometres (16 mi), by road, southeast of the central business district of Lusaka, the capital of Zambia and the largest city in that country. The geographical coordinates of Ngonye Solar Power Station are 15°31'03.0"S, 28°25'44.0"E (Latitude:-15.517500; Longitude:28.428889), situated immediately south of Bangweulu Solar Power Station.
Overview
The Government of Zambia, through IDC Zambia, working with the World Bank Group, as part of the bank's program "Scaling Solar", awarded the tender to develop this power station to Enel Green Power (EGP), a renewable energy subsidiary of Enel, the Italian multinational manufacturer and distributor of electricity and gas. EGP and IDC formed an ad-hoc joint venture company, Ngonye Power Company Limited, to design, build, own and operate this power plant. The energy generated here will be purchased by Zambia Electricity Supply Corporation Limited (ZESCO), under a 25-year power purchase agreement (PPA), at US$0.078 per kWh.
Ownership
This power station is owned by a consortium whose members are illustrated in the table below. The members of the consortium formed a special purpose vehicle company Ngonye Power Company Limited, which operates and maintains the power station.
| Rank | Shareholder | Domicile | Ownership (%) | Notes |
|---|---|---|---|---|
| 1 | Enel Green Power | Italy | 80.0 | |
| 3 | IDC Zambia | Zambia | 20.0 |
Funding, construction and timeline
The table below illustrates the sources of funding for this renewable energy infrastructure project:
| Rank | Fund Source | Dollar Amount | % of Total | Notes |
|---|---|---|---|---|
| 1 | Enel | 4.8 million | 12.0 | Equity |
| 2 | IDC Zambia | 1.2 million | 3.0 | Equity |
| 3 | International Finance Corporation | 10.0 million | 25.0 | Loan |
| 3 | IFC–Canada Climate Change Program | 12.0 million | 30.0 | Loan |
| 4 | European Investment Bank | 12.0 million* | 30.0 |
Loan |
| Total | 40.0 million | 100.0 |
- Note: Some figures are rounded up to balance table totals.
Construction began in August 2018, and commercial commissioning was achieved in April 2019.
See also
References
- ^ ESI Africa (2 May 2019). "Zambia: 34MW Ngonye solar PV plant comes online". ESI-Africa.com. Rondebosch, South Africa. Retrieved 17 September 2021.
- ^ Boris Ngounou (30 April 2019). "Zambia: Ngonye solar plant (34 MW) already operational". Afrik21.africa. Paris, France. Retrieved 17 September 2021.
- ^ "Road Distance Between Lusaka City Centre, Zambia And Ngonye Solar Power Station, Kafue District, Zambia" (Map). Google Maps. Retrieved 17 September 2021.
- ^ "Location of Ngonye Solar Power Station" (Map). Google Maps. Retrieved 17 September 2021.
- ^ Enel Green Energy (22 August 2018). "Enel starts construction of Ngonye solar project, its first power plant in Zambia". Enel Green Power. Rome, Italy. Retrieved 17 September 2021.
- ^ Enel Green Power (29 April 2019). "Enel Green Power brings online its first power plant in Zambia". Enel Green Power. Rome, Italy. Retrieved 17 September 2021.