Thursday, June 20, 2024

Zambia positions itself a net exporter of power in the region

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Ministry of Energy Permanent Secretary Francesca Zyambo says Government’s focus in the energy sector was changing towards the promotion of increased investment in renewable energy.

Mrs. Zyambo indicated that this is to diversify the energy mix as the country had positioned itself to be a net exporter of power in the region.

Mrs. Zyambo said this at a meeting organized by the International Solar Alliance for the African Region, in Addis Ababa, Ethiopia.

The Permanent Secretary disclosed that the International Solar Alliance is scheduled to undertake feasibility studies in Zambia for the possibility of setting up a 400 megawatts of Solar PV projects in selected sites across the country.

She said the Alliance was already training two officers in renewable solar generation, adding that her Ministry had already started looking for land where to set up a solar project.

“Other benefits include solar projects designed to support off-grid irrigation such as solar pumping, solar cold storage facilities, and general water reticulation systems, ” Mrs. Zyambo stated.

On the margins of the meeting, The Permanent Secretary interacted with an Ethiopian energy company, DIMITRI Energy and Investments that expressed interest to invest in Zambia’s renewable energy.

DIMITRI Energy and Investments Chief Executive Officer Senait Dimitri explained that her Company was interested in investing in Zambia’s energy sector as well as Nickel mining, ICT and real estate.

Ms. Dimitri said Zambia was an attractive investment destination because of its unbroken record of peace, security, and conducive investment environment.

“In addition to the energy sector, DIMITRI Energy and Investments is interested in buying Nickel minerals from existing mines in large quantities,” Ms. Dimitri stated.

12 COMMENTS

  1. As I said before………..

    Power generation is the only place zambia used the borrowed money with returns………….even though zambia was over charged…………

    Saying that……….any one can build power stations with borrowed money

    How hard can that be , when you even fail to pay back the same borrowed money ??

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  2. From Some 7 years ago………

    Some of us were urging GRZ to establish a solar manufacturing industry in zambia.

    Zambia would have been far by now…….

  3. This government is useless. You have not yet managed to ensure electricity for all Zambians and here you are aiming to be biggest exporter. Hh chipoolba

  4. This government is useless. You have not yet managed to ensure power for all Zambians and here you are aiming to be biggest exp0rter. Hh chip00lba

    • Iwe Kaizer, wa yamba ku tukwana futi ai? Ba ka kumanga, ati Boma si ili bwino, ka? The law is the law – and if it says, osa tukwana, ni mwa mene!

  5. Access to electricity in South Africa, Botswana and Zimbabwe per population is HIGHER than in Zambia and yet we are exporting electricity to Zimbabwe? This is like starving your children while you sell mealie meal to the neighbours.

  6. This was PFs plan. PF never borrowed for consumption. Let truth be told. Thanks to UPND they haven’t abandoned energy projects

  7. Iwe Kaizer, wa yamba ku tukwana futi ai? Ba ka kumanga, ati Boma si ili bwino, ka? The law is the law – and if it says, osa tukwana, ni mwa mene!

  8. PF scored on increasing power generation whatever the praise singer may utter to impress UPND. As for solar energy, you do not need Ethiopia, we have the necessary human resource to turn energy into electric energy. As for the land, we can make it as part of mine rehabilitation. Note we have huge pieces of land on which tailing dumps sit and huge pieces of land affected by mining negative impact and are no longer useful. We have meat in our mouth, let us eat.

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