Serengeti and Partner Advance Zambia's Solar Project

• Zambia's renewable energy landscape shines brighter as Serengeti Energy and Western Solar Power finalize their 32-MWp Ilute solar project, paving the way for sustainable power solutions.

Serengeti Energy and Western Solar Power have made significant progress on the 32-MWp Ilute solar project in Zambia by finalizing an implementation agreement. This milestone marks an important step in the development of the 25-MW solar site, which aims to contribute to the country's renewable energy capacity.

The project is expected to enhance Zambia's energy landscape and provide sustainable power solutions. Both companies are committed to advancing the project, which will play a crucial role in meeting local energy demands and supporting the nation's goal of increasing the share of renewable energy in its energy mix.

How will the Ilute solar project impact Zambia's renewable energy goals?

• Contribution to Renewable Energy Targets: The Ilute solar project aligns with Zambia’s National Energy Policy, which aims to increase the share of renewable energy in the national energy mix to 70% by 2030. By adding 32 MW of solar capacity, the project supports this strategic vision.
• Capacity Building: The implementation of the Ilute solar project will help build local expertise in solar technology and project management. This could lay the groundwork for future solar projects in Zambia, fostering a skilled workforce in the renewable energy sector.
• Sustainable Development Goals (SDGs): The project contributes directly to several SDGs, including affordable and clean energy (Goal 7) and climate action (Goal 13), by promoting the use of clean energy and reducing the carbon footprint associated with energy generation.
• Energy Access: The addition of the Ilute solar project is crucial in improving energy access in underserved communities. It will provide reliable energy that can stimulate local economies, enhance productivity, and improve quality of life for residents.
• Diversification of Energy Sources: As Zambia heavily relies on hydropower, the Ilute solar project will diversify the nation's energy sources. This diversification is essential for enhancing energy security, especially in periods of lower rainfall that may affect hydropower generation.
• Reduction of Energy Costs: The shift towards solar energy can lead to lower energy costs in the long term. With decreasing prices for solar technology and the potential for grid parity, consumers may benefit from more affordable electricity options.
• Boost for Local Economy: The development and construction of the Ilute solar project will create jobs and stimulate local businesses. Opportunities may arise in various sectors, including manufacturing, construction, and service provision related to renewable energy.
• Support for Off-Grid Solutions: By increasing the availability of solar energy, the project paves the way for innovative off-grid solutions in rural areas, making electricity more accessible to populations that are currently reliant on fossil fuels or do not have access to grid electricity.
• Attracting Further Investments: Successful implementation of the Ilute solar project can act as a catalyst for attracting additional foreign and local investments in Zambia’s renewable energy sector, showcasing the country as a viable destination for sustainable energy projects.
• Government Collaboration: The project sets a precedent for public-private partnerships, demonstrating the effectiveness of collaboration between the government and private entities to achieve renewable energy targets and develop infrastructure.
• Environmental Benefits: By producing electricity from solar energy, the Ilute project is anticipated to reduce greenhouse gas emissions and mitigate the environmental impacts associated with fossil fuel extraction and consumption.