MILAN, 29 Apr (Class Editori) - Enel Green Power will connect its first plant in Zambia to IDC. The subsidiary of the group specializing in renewable energy has started Ngonye operations. which provide the building of a 34 M1 plant. The plant is located in the Lusaka South Multi-Facility Economic Zone in the southern area of the country and is part of the World Bank's Scaling Solar program, implemented by the Industrial Development Corporation (IDC) of Zambia.
In June 2016 IDC awarded Egp the right to develop, finance, build, own and manage the plant. “By connecting to the Ngonye network in Zambia, we are reaffirming our commitment to helping the country enhance its enormous wealth of renewable sources, which offers great opportunities for growth,” explained the head of Enel Green Power Antonio Cammisecra. “This project is promoting the government's ambitious drive to improve the access to energy throughout the country, diversifying its generation mix to protect itself from severe droughts and the impacts of climate change. Ngonye is a successful project, which confirms that effective development programs, such as Solar Scaling, are essential to attract private investment in renewables in Africa,” concluded Cammisecra.
The Ngonye solar plant, controlled by a vehicle company which is 80% owned by EGP and 20% by IDC, will market the energy produced under a 25-year energy supply agreement signed with the public utility Zesco. Once operational, the plant is expected to produce about 70 GWh per year, avoiding the emission of over 25,600 tons of CO2 into the atmosphere. The Enel group has invested about 40 million US dollars in the construction of the plant in Ngonye.
Egp is currently the largest independent operator in renewable energy in terms of MW installed on the African continent. The Enel group is investing around 700 million euros in Africa, with the construction of 900 MW of solar and wind capacity under the Strategic Plan 2019-2021. The group led by Francesco Starace operates in Zambia, as well as in South Africa, where plants have over 500 MW in operation and over 700 MW in execution. Enel Green Power was also assigned 100 MW of solar power in Ethiopia and has 180 MW of wind turbines running in Morocco out of a total of 850 MW allocated in the country. The company has invested 40 million dollars for the plant in Ngoye.
(Source:Class Editori)
Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.
A single purchase
