In Zambia, Enel Green Power launched operations at its first solar power plant in Ngonye. The plant, which is located in the South Lusaka Economic Zone, was established as part of the Scaling Solar project, implemented by the World Bank to accelerate the deployment of this type of infrastructure in developing countries.
The Ngonye solar plant has a capacity of 40 MW. Its development was entrusted to Enel in 2016. According to the contract signed, Enel took charge of the development, financing, construction and operation of the plant it will own.
The project was developed at a cost about $40 million, of which $34 million was obtained from the Institutional Development Credit (IDC) of the World Bank.
The plant is owned by a special purpose entity owned 80% by Enel and 20% by the IDC. It is the subject of a 25-year power purchase agreement with ZESCO, the Zambian power company.
"With the connection of the Ngonye power plant to the grid, we are reaffirming our commitment to assist Zambia in developing its important renewable energy resources as a growth opportunity," said Antonio Cammisecra, the director, Enel Green Power.