Dozens of petroleum and renewable projects get green light
Zambia’s Energy Regulation Board has approved an impressive array of 62 license applications and eight construction permits for petroleum and renewable energy projects collectively valued at $370 million. The approvals represent a major step in the country’s strategic push to diversify its energy mix and accelerate infrastructure development.
Key projects include the $270 million, 200km Kalumbila-Kolwezi Interconnector to enhance regional power connectivity and a $75 million, 100 MWp solar PV plant in Mumbwa District. Additionally, an innovative $8 million off-grid renewable project combining an 8 MWp solar installation with a 20 MWh battery storage facility will be constructed at Ruida Mine in Kasampa District.
The ERB also granted operational licenses for 114 road tank vehicles and four new service stations to improve petroleum distribution networks nationwide, further strengthening the country’s energy infrastructure.
“The steady growth in investments highlights the country’s favorable regulatory framework and the ERB’s efforts to streamline approval processes for investors to participate in the value chains,” noted an official Energy Regulation Board statement.
Source: energycapitalpower.com
