ZESCO Signs $250 Million Agreement for 100 MW Solar-Wind Hybrid Project in Zambia
ZESCO Limited has signed a Power Purchase Agreement with DZGM Energy Resources for a $250 million solar-wind hybrid project in Zambia. The 100 MW project will be developed in six months, with power dedicated to public health facilities in the Copperbelt region. Energy Minister Makozo Chikote highlighted the investment as a step towards diversifying Zambia's energy mix and enhancing energy security.
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ZESCO Limited has entered into a Power Purchase Agreement with DZGM Energy Resources for a $250 million hybrid wind and solar project in Zambia. The 100 MW project is set to be developed within six months, focusing on supplying power to public health facilities in the Copperbelt.
Energy Minister Makozo Chikote emphasized the importance of diversifying the energy mix and reducing reliance on hydropower. DZGM Energy Resources affirmed its commitment to timely delivery and noted the project's significance in introducing wind-power technology in Zambia.
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