Page 13 - AfrElec Week 02 2021
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AfrElec                                    NEWS IN BRIEF                                             AfrElec







       funding for off-grid project        BioTherm Energy’s 120GW Golden Valley   Zambia, EU sign EUR33mn
                                           Wind Energy Facility has recently connected
       in DRC                              to South Africa’s national grid, representing   grant to enhance access to
                                           the latest project to come online as part of
       Gridworks, which is developing the “Essor   the Renewable Energy Independent Power   renewable energy
       A2E” solar project with the Eranove group   Producer Procurement (REIPPP) program.
       and the AEE (Association of Energy     The facility consists of 48 Goldwind   Zambia and the European Union (EU) on
       Engineers) is seeking capital for its launch.   turbines generating 2.5MW. Connected to   Thursday signed a EUR33mn grant aimed at
       The project will enable the electrification of   the grid through an on-site substation and a   enhancing access to renewable energy in the
       vulnerable populations in the Democratic   dedicated 132kV power line connecting to the   southern African nation.
       Republic of Congo (DRC) via solar off-grid.   Kopleegte substation, the plant is expected   The grant was under the Increased
       The development and investment platform   to produce more than 447GW hours of   Access to Electricity and Renewable Energy
       hopes to mobilise $35 million in capital grants   electricity per year. Moreover, the facility has   Production Project which targets to electrify
       from international development finance   achieved one million hours without a lost   about 4 million people in rural areas.
       institutions (DFIs).                time incident and was constructed by a team   Minister of Energy Mathew Nkhuwa said
         The “Essor A2E” project of the government   comprising 98% South African employees.  after the signing ceremony that the grant
       of the Democratic Republic of Congo (DRC)   “We are pleased to announce the successful   was a sign of private sector confidence in
       is progressing. Gridworks, one of the three   commissioning of all 48 wind turbine   government’s development agenda and that
       companies selected in November 2020 for   generators as the year drew to an end and we   the project caters to the rural population as
       its implementation, is calling for investment   prepare to have our portfolio in operations in   part of poverty reduction efforts.
       from international development finance   the next quarter,” stated Robert Skjodt, CEO   According to him, the government targets
       institutions (DFIs). The development and   of BioTherm Energy.           to have 91 percent in urban areas and 51
       investment platform wants to mobilise   The launch of the facility – which was   percent in rural areas by the year 2031.
       $35 million in capital grants. These funds   developed under the fourth tender window   EU Ambassador to Zambia Jacek
       should enable the “Essor A2E” project that   of the REIPPP – comes ahead of expected   Jankowski said massive investments in
       Gridworks is developing in partnership with   commercial operations scheduled for 2021.  renewable energy was key to achieving the
       the pan-African group Eranove and the AEE                                target of bringing electricity to rural areas.
       (Association of Energy Engineers) to get off                               The EU envoy said the organization
       the ground.                                                              was convinced that rural electrification
         The 35 million dollars required by the   RENEWABLES                    was vital for Zambia’s social and economic
       Gridworks company based in London in the                                 development.
       United Kingdom, will enable the first phase of
       the “Essor A2E” project to be launched, which
       includes the installation of the hybrid solar
       power plants of Bumba, Isiro and Gemena in
       the DRC. The plants will have a capacity of
       between 3 and 10 MW and will be supported
       by diesel generators.
         The first phase of the Essor A2E initiative
       will be followed by a second phase that will
       replicate the “proven system for increasing
       investment in the sector (off-grid)”. The
       African Development Bank (AfDB) which
       is supporting the project estimates that
       the first phase of Essor A2E will electrify
       21,200 households, 2,100 small and medium
       enterprises (SMEs) and public buildings.
         The full implementation of the “Essor
       A2E” project will require an investment of 100
       million dollars. The remaining $65 million
       will be equity contributions from Gridworks,
       Eranove and AEE; as well as bank loans.




       WIND
       South Africa’s Golden Valley

       wind farm connects to

       national grid




       Week 02   14•January•2021                www. NEWSBASE .com                                             P13
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