IEUG's Kariba Dam Floating Solar PV Plant (250MW), Phase 1
Sector: Solar • Location: Zimbabwe
Source: World Bank Group
The project comprises the construction of the first phase of a floating solar PV plant at Kariba Dam, Zimbabwe. The sponsoring organisation of Zimbabwe's industrial power users Intensive Energy User Group (IEUG) have secured a loan of $250m from the African Export-Import Bank (Afreximbank) to develop the project. The bank showcased its backing during a meeting of the Africa Investment Forum held i
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project comprises the construction of the first phase of a floating solar PV plant at Kariba Dam, Zimbabwe. The sponsoring organisation of Zimbabwe's industrial power users Intensive Energy User Group (IEUG) have secured a loan of $250m from the African Export-Import Bank (Afreximbank) to develop the project. The bank showcased its backing during a meeting of the Africa Investment Forum held in Rabat, Morocco from 4 December to 6 December 2024. The Group established the company Green Hybrid Power Pvt Ltd (GHP) to officially sponsor the project. The targeted capacity of phase I is 250MW, planned by mid-2026. The project at Kariba Dam can be expanded to 1GW of solar capacity, implemented in phases of 250MW, with each phase costing $250m. IEUG holds a 25-year retail-supply licence and a 20-year transmission agreement to connect to the national grid. https://www.power-technology.com/news/zimbabwe-kariba-dam-floating-solar/?cf-view |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
Region | Obfuscated |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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