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ZimZam news
Solar
Zambia solar programme awards 312MW with councils holding equity in each plant
Five contractors have twelve months to build a 2MW installation with 4MWh of storage in each of 156 constituencies, at a stated ZMW 4.3bn. Permanent Secretary Nicholas Phiri has described the ownership stake as a revenue stream for the local authorities hosting them.
Tech & Power Generation
Zambia thermal power adds 300MW under a ZESCO offtake with room to double
Ever Great Energy is developing the plant with majority partner Wonderful Group Services, and the Singapore contractor Ziquan Group holds the turnkey construction scope. A second phase would take capacity to 600MW within five years of the first being completed. ZCCM-IH says it is engaging with the relevant authorities.
Tech & Power Generation
Kariba generation outlook strengthens on the strongest storage since 2019
The lake stood at 482.15m in late June, holding 48 per cent of usable storage against 23 per cent a year earlier. The Zambezi River Authority has revised this year's water for power upward to 36 billion cubic metres, shared equally between ZESCO and the Zimbabwe Power Company.
Finance
Southern African power trading opens up as Zambia brings traders onto ZESCO’s network
The 2024 Electricity (Open Access) Regulations let private intermediaries sell directly to customers for a wheeling fee, and roughly a quarter of trades on the regional exchange are no longer long-term bilateral contracts. Stanbic is preparing a procurement programme that aggregates demand across several mining offtakers.
Hydropower
Zimbabwe power generation set to add 1,365MW by December
ZESA puts private construction in progress at 635MW, with a further 730MW closing its financing. The utility is targeting an end to imports and load shedding by the close of next year, on a system where dependable capacity has run below peak demand.
Regional
Namibia’s Venus decision approaches with gas content and fiscal terms still unresolved
TotalEnergies is targeting a final investment decision on the Orange Basin discovery by late 2026, having moved it once from late 2025. Revised projections put output around 150,000 barrels a day, and the reservoir's gas content is among the reasons the timetable slipped.
News
South Africa gas procurement approaches the decision its LNG market depends on
Four bids totalling around 2,800MW were submitted against a 2,000MW target when the window closed on 29 May. IPP Office head Precious Edward has said the programme remains on the timeline communicated to the market, which put preferred bidders roughly three months after close.
News
Angola to DRC interconnector goes to a Moroccan contractor under private investment
Luanda has selected Société Maghrébine de Génie Civil to build and operate a line connecting Angola to the Southern African Power Pool, the first private transmission investment since Angola amended its general electricity law in January. Around 2GW would run toward the Copperbelt mining corridor rather than to Kinshasa.
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