Enel signs PPA for 34MW PV project in Zambia

Facebook
Twitter
LinkedIn
Reddit
Email
This project marks Enel Green Power's first foray into Zambia's renewable energy market. Source: Flickr/Angel Hernansaez

Enel Green Power has signed a 25-year PPA with Zambia’s state-owned utility ZESCO for a 34MW PV project in the Lusaka South Multi-Facility Economic Zone in southern Zambia.

Enel won the Ngonye project in June during the first round of the International Finance Corporation’s (IFC) Scaling Solar Programme in Zambia, notorious for its record-low tariffs.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

This is Enel’s first foray into Zambia’s renewable energy market, with the company investing around US$40 million in the construction of the plant. Once in operation, the plant is excepted to generate around 70GWh annually.

Ngonye will be owned by a special purpose vehicle in which Enel will have an 80% majority stake with state investment holding company Industrial Development Corporation (IDC) taking 20%.

The project is another step in Zambia diversifying its renewable energy mix, as the country is typically reliant on hydro projects to satisfy its clean energy goals. However, Zambia is working towards installing up to 600MW of solar generation capacity within the next two-three years. 

In related news, French firm Neoen also signed a PPA with ZESCO for a 54MW PV plant under the Scaling Solar programme. 

Read Next

Premium
October 8, 2025
PV Talk: Smart Energy Council's Nigel Morris reflects on how Australia has become a global testbed for distributed solar and storage innovation.
October 8, 2025
Officials from Norway and Egypt have agreed provisional terms for the financing of the Dandara solar park in Egypt, which is being built and operated by Norwegian IPP Scatec.
October 8, 2025
Saatvik Green Energy has secured new solar PV module orders worth more than INR7 billion (US$84 million), to be delivered in this financial year.
October 8, 2025
Australia's NEM achieved a new minimum operational demand record of 9,666MW, marking a 4% decrease from the previous record.
October 8, 2025
Frontier Energy plans to expand its Waroona Renewable Energy Project into a renewable energy precinct by 2031, targeting up to 1GW solar.
October 7, 2025
Econergy will acquire 100% stake in the 155MW Ratesti solar project in Romania, further expanding its European renewable energy portfolio.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK