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

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

July 17, 2026
US solar developer Sol Systems has reached financial close on its 123MWac Peoria Solar Portfolio in Illinois.
July 17, 2026
The Zambian government has signed five contractor groups to build 312MW of solar capacity, with a 2MW solar plant in each constituency.
July 17, 2026
Qcells has become the first company to achieve UL Standards & Engagement (UL) and the International Electrotechnical Commission (IEC) certifications for silicon-perovskite tandem solar technology.
July 17, 2026
US solar PV mounting systems manufacturer Unirac has acquired the solar racking business of Terrasmart from its parent company Gibraltar Industries, expanding its product portfolio into the commercial and industrial (C&I) and distributed generation (DG) segments.
Sponsored
July 17, 2026
At Intersolar 2026, PV Tech sat down with Suntech's General Manager Mr. Yang Hao to discuss how a quarter-century of experience, combined with robust industrial backing, positions the company for the industry's next chapter. 
July 16, 2026
Alpex Solar expects commercial production to begin in August 2026 at its 2.2 GW TOPCon G12R solar cell facility in Kosi Kotwan, Mathura, UP.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
April 20, 2027
Istanbul, Türkiye