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Energy Finance & Investment News in Zambia

Financing agreed for Zambia's first Scaling Solar project

Financing agreed for Zambia's first Scaling Solar project

🕔Jan 2, 2018

Financing has been agreed for a 47.5 MW solar farm in Zambia, setting a new benchmark for low-cost solar power in sub-Saharan Africa.

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Statkraft and Norfund swap hydropower shares

Statkraft and Norfund swap hydropower shares

🕔Sep 28, 2017

Statkraft and Norfund have closed an agreement to swap shares in their jointly owned international hydropower assets.

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USTDA awards grant for 130-MW wind project in Zambia

USTDA awards grant for 130-MW wind project in Zambia

🕔Sep 6, 2017

The U.S. Trade and Development Agency (USTDA) has awarded a grant to Access Power, a developer, owner and operator of renewable power projects in emerging markets and its strategic partner EREN Renewable Energy a global independent power producer.

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Zambia to tender 500 MW with Scaling Solar help

Zambia to tender 500 MW with Scaling Solar help

🕔Feb 22, 2017

The Government of Zambia signed agreements for a second mandate with Scaling Solar, the World Bank Group program that is helping developing countries procure low cost, privately financed, solar power

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China New Energy signs biorefinery project in Zambia

China New Energy signs biorefinery project in Zambia

🕔Aug 4, 2016

China New Energy Ltd (CNEL), a bioenergy engineering firm, has signed an investment promotional and protection agreement (IPPA) with the Zambian government for the development of the Zambian biorefinery project.

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Winners confirmed for Zambia solar projects

Winners confirmed for Zambia solar projects

🕔Jun 20, 2016

The Government of Zambia has announced the winners for the Scaling Solar project, a World Bank Group program that removes obstacles to large-scale solar power in developing countries. 

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Two teams preferred bidders for Zambia’s solar projects

Two teams preferred bidders for Zambia’s solar projects

🕔Jun 6, 2016

Zambia’s Industrial Development Corporation (IDC) opened bids on May 27 from seven leading renewable energy developers seeking to build large-scale solar power plants in the southern African country where power shortages are acute. The bid tariffs have ranged from US$6.02 ¢/kWh to 10.6¢/kWh at the low end.

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 Zambia opens second stage of 100 MW solar tender

Zambia opens second stage of 100 MW solar tender

🕔Feb 24, 2016

The Industrial Development Corporation of Zambia has announced the beginning of the second step in the bidding process for the development of 100 MW of solar power projects across the country.

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Zambia prequalifies 11 for 100 MW solar projects

Zambia prequalifies 11 for 100 MW solar projects

🕔Jan 19, 2016

The Industrial Development Corporation of Zambia Ltd (IDC) announced in late December it has prequalified 11 teams for the development of 100 MW of solar power projects.

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Standard Chartered PE acquires stake in energy firm in Zambia

Standard Chartered PE acquires stake in energy firm in Zambia

🕔Mar 12, 2014

The private equity arm of Standard Chartered acquired a stake in Copperbelt Energy Corporation (CEC) the company that distributes power to mines operating on the Copperbelt, a mineral-rich region in Zambia.

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