Page 14 - AfrElec Week 39 2022
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Malawi’s 20MW Golomoti solar,
battery storage plant to receive
$25mn loan from US
MALAWI MALAWI’S President Lazarus Chakwera and a letters, Nathan said they are proud to assist
representative of the US International Develop- Malawi in unlocking its renewable energy
ment Finance Corporation (IDFC) have signed a potential.
$25mn agreement to support a solar power pro- “I, therefore, wish on behalf of the US Gov-
ject in the southern African country. ernment to congratulate your President and the
Chakwera and IDFC chief executive officer people of Malawi for the trust and confidence
Scott Nathan signed the commitment letter on the US Government has in the current admin-
the sidelines of the UN General Assembly in istration. We hope you will maintain the course
New York, US, Nyasa Times reported on Friday so that more support can come to better lives of
(September 23). your people,” he said.
The loan will go towards increasing and The Golomoti Solar Power Project is part of
improving the capacity of the Golomoti Solar JCM Power and Infraco Africa, which co-de-
Power Project in Dedza, central Malawi. The veloped the Golomoti solar plant. Malawi is
new solar photovoltaic plant and battery storage traditionally short of electricity. In August
capacity system will deliver 20MW of electricity 2022, according to Malawi24.com, some locals
to the national grid directly to benefit businesses attacked the power utility after eight-hour daily
and households. blackouts were extended to 12 hours.
Speaking after signing the commitment
P14 www. NEWSBASE .com Week 39 29•September•2022
