SkyPower and Africa Finance Corporation to co-develop 200MW solar project in DRC

February 20, 2024
Facebook
Twitter
LinkedIn
Reddit
Email
SkyPower Africa Finance Corporation
Construction of the 200MW project will begin by 2025. Image: Africa Finance Corporation

Canada-based renewables firm SkyPower has signed a joint development agreement with financial institution Africa Finance Corporation (AFC) to develop a 200MW solar project in the Democratic Republic of the Congo (DRC).

The project represents the first phase of a 1GW power purchase agreement (PPA) signed between SkyPower and the DRC’s state-owned utility Société Nationale d’Electricité (SNEL). Construction will begin by 2025.

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

“Partnering with SkyPower is well aligned with our mission to advance energy access on the continent through renewable energy. Through this collaboration, we aim to contribute significantly to rapid industrialisation, local job creation, sustainable economic growth and a pragmatic transition to net zero in DRC and Africa as a whole,” said Amadou Wadda, senior director of project development and technical solutions at AFC.

Elsewhere in the DRC, last month solar PV plants were installed in two gold mines. According to Mark Bristow, president and chief executive of Canadian mining company Barrick Gold Corporation (which owns the mines), after the commissioning of a 16MW solar PV plant coupled with battery energy storage systems (BESS), it is expected that the mine’s overall renewable electricity supply will increase from 81% to 90%. Construction of the solar PV plant will commence in the first quarter of 2024. Both the solar PV plant and BESS will be operational in 2025.

Additionally, DRC energy company Nuru has secured US$40 million for the construction of a 13.7 MWp project.

Read Next

April 29, 2026
The ESMC has outlined five key amendments to the proposed Industrial Accelerator Act (IAA) to accelerate domestic cleantech deployment.
April 29, 2026
Chinese solar manufacturering giant JinkoSolar has signed two solar module supply agreements totalling 600MW in Nigeria. 
April 28, 2026
The US$1 billion Clean Energy Fund will expand renewable energy infrastructure across the Southwest Interconnected System (SWIS). 
April 28, 2026
The California Energy Commission (CEC) has approved the development of the 300MW/1200MWh Soda Mountain solar project in San Bernardino County, California.
April 28, 2026
Vikran Engineering has agreed to acquire a 49% equity stake in NOPL Solar Projects Private Limited for INR49 million (US$508,101).
April 28, 2026
US utility Georgia Power filed a request with the Georgia Public Service Commission (PSC) seeking 2,000MW – 6,000MW of new dispatchable capacity resources in the state.

Upcoming Events

Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)
Solar Media Events
June 16, 2026
Napa, USA
Media Partners, Solar Media Events
August 25, 2026
São Paulo, Brazil
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA