Energy - Copperbelt Katanga Mining

Zambia and Zimbabwe to Host 2024 Summit on Sustainable Energy and Investment Opportunities 1

From November 18-20, 2024, the Zimbabwe-Zambia (Zim-Zam) Energy Projects Summit will convene government leaders, private investors, and energy stakeholders in Victoria Falls under the theme Powering Zimbabwe and Zambia’s Sustainable Energy Future: Unlocking Opportunities in Renewables, Grid Modernization, and Energy Access. The summit, held under the patronage of Zimbabwe’s Ministry of Energy and Power Development and sponsored by the Zimbabwe Energy Regulatory Authority (ZERA), underscores the importance of regional partnerships for energy resilience. Zimbabwe and Zambia are intensifying efforts to attract investments in renewable energy sectors such as solar, geothermal,… Read More Here

Mining in DRC Energy

Soleos Energy and Melci to Build 200 MW Solar Power Project in DRC’s Haut-Katanga

October 22, 2024October 22, 2024 Constance

Soleos Energy, an Indian renewable energy developer, is partnering with Melci, a Democratic Republic of Congo (DRC) electrical engineering company, to build a 200 MW solar photovoltaic (PV) power plant in the Haut-Katanga province. The $200 million project, located in the village of Fipango in Kipushi territory, aims to support the DRC’s renewable energy goals by providing clean electricity to over one million residents while contributing to economic growth and reducing carbon emissions. The solar power plant is projected to generate approximately 350 million kilowatt-hours of electricity annually, cutting CO2… Read More Here

Mining in Zambia Electricity Energy

Zambia’s Energy Regulation Board Set to Announce Decision on ZESCO’s Emergency Tariff Adjustment

October 10, 2024October 10, 2024 Constance

The Energy Regulation Board (ERB) is expected to announce its final decision today regarding ZESCO’s application for an emergency tariff adjustment. During a public hearing on ZESCO’s application held in Lusaka on Monday, ERB Board Chairperson James Banda assured attendees that there is no political interference in the board’s decision-making process. He emphasized that the decision will be based solely on the board’s considerations of all submissions received. ZESCO Managing Director Victor Mapani clarified that the proposed emergency tariff adjustments will apply only to domestic, retail, and industrial customers, explicitly… Read More Here

Mining in Zambia Energy

Yellow Malawi and Zambia’s RDG Collective Secure $3.25 Million for Off-Grid Solar Expansion

October 7, 2024October 7, 2024 Constance

Off-grid solar companies, Yellow Malawi and Zambia’s RDG Collective, have secured a combined $3.25 million in debt financing from Acumen’s Hardest-to-Reach (H2R) initiative. The funding is aimed at expanding access to clean energy in underserved areas of Africa. Yellow Malawi, a distributor of solar home systems and mobile phones to off-grid rural communities, received $2 million, while RDG Collective, a Zambian company that provides renewable energy products, secured $1.25 million. The funding comes from H2R, a $250 million initiative that invests in off-grid solar companies working to provide energy access… Read More Here

Mining in Zambia Copper Electricity Energy Mining Projects

Jubilee Metals Increases Stake in Zambia’s Project G and Secures Renewable Energy Supply

October 7, 2024October 7, 2024 Constance

Diversified metals producer Jubilee Metals has completed its due diligence on Project G, an open-pit copper mining operation in Zambia, and has decided to increase its ownership from 51% to 65%. This acquisition, initially announced in August, marks Jubilee’s second open-pit copper venture in Zambia, following the implementation of Project Munkoyo. In a related move, Jubilee has expanded its power allocation under the recently announced private power purchase agreement (LHPC agreement), securing an additional 2 MW of electricity. This will ensure that all Zambian operations, including the Roan concentrator, operate… Read More Here

Mining in Zambia Electricity Energy

Zambian Copper mines Turn to Eskom for Power Amid Severe Energy Crisis

September 15, 2024September 16, 2024 Constance

Zambia’s largest mines are turning to an unexpected source of power as the country grapples with an unprecedented energy crisis: South Africa’s Eskom Holdings SOC Ltd. Eskom, which faced its own severe electricity deficit until March, is now providing crucial support. The crisis in Zambia has been exacerbated by an historic drought that has crippled hydropower generation, which supplies about 85% of the country’s electricity. As a result, households are experiencing power cuts of up to 21 hours a day, and companies like First Quantum Minerals Ltd. are forced to… Read More Here

Mining in Zambia Energy Green Energy

ZESCO’s Chisamba Solar Project Hits Key Milestones in Zambia’s Energy Shift

September 8, 2024September 8, 2024 Constance

ZESCO’s 100-megawatt solar project in Chisamba is making steady progress as part of Zambia’s broader strategy to diversify its energy supply and build a more climate-resilient energy system. Located in Kafungalubala village, within Chief Chaamuka’s area in Chisamba district, the project is a significant step towards reducing Zambia’s reliance on hydroelectric power. As of August 3, 2024, substantial progress has been made on the project. A total of 120 hectares of land has been cleared, fencing has been installed, and the main access road to the plant has been constructed.… Read More Here

Mining in Zambia Energy

ZESCO and POWERCHINA Sign MoUs to Boost Zambia’s Solar Energy Capacity

September 8, 2024September 8, 2024 Constance

In a major step towards enhancing Zambia’s renewable energy capacity, ZESCO has signed three Memoranda of Understanding (MoUs) with the Power Construction Corporation of China (POWERCHINA) for the development of solar power projects across the country. The agreements, signed during a ceremony attended by President Hakainde Hichilema and POWERCHINA Chairman Ding Yanzhang, include three critical initiatives: 1.A Framework Cooperation Agreement for the supply, delivery, and installation of rooftop solar systems in Zambia. 2.An Engineering, Procurement, and Construction (EPC) agreement for a 100-megawatt solar photovoltaic power plant at Kariba North. 3.An… Read More Here

Mining in DRC Energy

Japanese Entrepreneurs Partner with Kinshasa to Address Energy and Infrastructure Challenges

August 31, 2024August 31, 2024 Constance

A group of Japanese entrepreneurs has partnered with Kinshasa City Hall, under the leadership of Governor Daniel Bumba Lubaki, to address critical issues in the energy and infrastructure sectors of the Congolese capital. “We met with Governor Daniel Bumba to explore how we can support him in improving the energy and infrastructure sectors. Despite the challenges the city faces, we believe we can provide effective solutions,” the entrepreneurs stated. Kinshasa, a city of nearly 20 million people, is a key hub with pressing needs in energy and infrastructure. The city… Read More Here

Mining in Zambia Energy

Zambia Signs Agreement for 50 MW Solar Plant in Kafue

August 25, 2024August 25, 2024 Constance

Dr. Francesca Chisangano Zyambo, Permanent Secretary Administration at the Ministry of Energy, has signed an Implementation Agreement with Wendit Group for the construction of a 50 MW solar plant in Kafue Town, Lusaka. Wendit Group CEO, Mr. Erich Horlacher, expressed his appreciation to the Zambian government and the Ministry of Energy for their steadfast support and commitment to advancing sustainable energy solutions. “The 50 MW solar plant marks a major advancement in Zambia’s energy sector. This project will provide clean, renewable energy, reduce dependence on fossil fuels, cut carbon emissions,… Read More Here