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Jubilee Metals Increases Stake in Zambia's Project G and Secures Renewable Energy Supply 1 Mining in Zambia Copper Electricity Energy 

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

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
Zambian Copper mines Turn to Eskom for Power Amid Severe Energy Crisis 2 Mining in Zambia Electricity Energy 

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

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
ZESCO's Chisamba Solar Project Hits Key Milestones in Zambia's Energy Shift 3 Mining in Zambia Energy Green Energy 

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

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
ZESCO and POWERCHINA Sign MoUs to Boost Zambia's Solar Energy Capacity 4 Mining in Zambia Energy 

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

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
Japanese Entrepreneurs Partner with Kinshasa to Address Energy and Infrastructure Challenges 5 Mining in DRC Energy 

Japanese Entrepreneurs Partner with Kinshasa to Address Energy and Infrastructure Challenges

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
Zambia Signs Agreement for 50 MW Solar Plant in Kafue 6 Mining in Zambia Energy 

Zambia Signs Agreement for 50 MW Solar Plant in Kafue

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
Swedish Energy Agency Eyes Investment in Zambia's Growing Renewable Energy Sector 7 Mining in Zambia Energy 

Swedish Energy Agency Eyes Investment in Zambia’s Growing Renewable Energy Sector

Constance
The Swedish Energy Agency has expressed strong interest in exploring investment opportunities in Zambia’s renewable energy sector, recognizing the country’s vast potential in green energy and energy efficiency initiatives. This development follows a high-level meeting between Zambia’s Ministry of Green Economy and Environment and a Swedish delegation led by SPAR6C Zambia Team Lead, Mr. Joachim Schnurr. During the meeting at the Industrial Development Corporation (IDC) offices in Lusaka, Mr. Schnurr commended Zambia’s significant progress under the SPAR6C program—a German government-funded initiative that helps countries like Zambia engage in the global… Read More Here
President Hichilema Launches 300MW Maamba Power Plant Expansion 8 Mining in Zambia Electricity Energy 

President Hichilema Launches 300MW Maamba Power Plant Expansion

Constance
Maamba Energy Ltd and Zambia’s energy sector celebrated a significant milestone as President Hakainde Hichilema officially commissioned the Phase Two expansion of a 300MW thermal power plant at a groundbreaking ceremony in Maamba. This project is crucial for meeting Zambia’s energy demands and enhancing regional energy trade. Maamba Energy Ltd, a joint venture between ZCCM-IH (35%) and Nava Bharat (65%), is dedicated to providing reliable and sustainable energy solutions for the country. President Hichilema urged all stakeholders to ensure the timely completion of the project, underscoring its importance for Zambia’s… Read More Here
Kariba Dam Repairs Near Completion, Promising Relief for Energy Shortages in Zambia and Zimbabwe 9 Mining in Zambia Electricity Energy 

Kariba Dam Repairs Near Completion, Promising Relief for Energy Shortages in Zambia and Zimbabwe

Constance
Engineers at the Kariba Dam have successfully completed repairs to the structure’s plunge pool and have begun refilling it with water. Minister of Energy Makozo Chikote announced that repairs to the dam are now 75% complete, a significant development for Zambia’s energy sector. During a visit to the dam on Wednesday, the minister stated that the plunge pool repairs represent a crucial step in addressing the energy shortages affecting both Zambia and Zimbabwe in recent months. The dam, jointly operated by the governments of Zambia and Zimbabwe, generates 2,010 MW… Read More Here
Zambia Addresses Energy Crisis Amidst El Niño and Climate Change 10 Mining in Zambia Electricity Energy 

Zambia Addresses Energy Crisis Amidst El Niño and Climate Change

Constance
Minister of Energy, Hon. Makozo Chikote, addressed the nation regarding the severe electricity shortage caused by El Niño and climate change. He emphasized the government’s efforts to mitigate the crisis and commended Zambians for their patience and resilience. The country’s installed national power generation capacity stands at 3,777 MW, with a current peak demand of 2,400 MW. However, as of July 2024, only 1,255 MW is available, resulting in a deficit of 1,145 MW. To bridge this gap, Zambia is importing 1,664 MW of power. Key measures implemented by the… Read More Here

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