Kalahari Energy Invests in Geothermal Project to Address Africa's Energy Shortfall
Kalahari Energy is investing in geothermal energy development in Africa to address the continent's energy shortfall, with a focus on the Bwanda section of the Buengua River project, which aims to generate six to seven megawatts of electricity. CEO Vivian Neil highlights the importance of private sector investment and supportive policies to achieve electrification targets and Sustainable Development Goals by 2030. This initiative represents the first stage of a broader exploration effort that could significantly enhance geothermal power in Zambia and southern Africa.
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Kalahari Energy is advancing geothermal energy development in Africa to tackle the continent's energy shortfall. CEO Vivian Neil emphasizes the need for private sector investment and supportive policies to meet electrification targets and Sustainable Development Goals (SDGs) by 2030.
The company's Bwanda section of the Buengua River project has attracted approximately $9 million in investment, aiming to generate six to seven megawatts of electricity using a shallow outflow geothermal system. This project is the first stage of a broader resource exploration initiative that could transform geothermal power in Zambia and southern Africa.
Kalahari Energy employs binary technology, utilizing low-temperature geothermal fluids to enhance energy efficiency in power generation. The investment in geothermal energy is positioned as a viable solution for Africa's growing electricity demands.
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