Robotswana solar container power station approval process

Who owns a solar power station in Botswana?

In July 2021, the Botswana Energy Regulatory Authority (BERA) also approved the project, and issued a generation license. The power station is under development by a consortium comprising Shumba Energy Limited from Botswana and Solarcentury Africa, based in the United Kingdom.

How will Scatec power plant work in Botswana?

The power plant is Scatec’s first in Botswana and will generate predictable revenues from a 25-year power purchase agreement (PPA) with Botswana Power Corporation, the national utility. The remaining 60 MW of the project is currently under construction and is expected to be completed in the beginning of 2026.

Who is the off-taker of Botswana Power Station?

The off-taker is Botswana Power Corporation (BPC), under a 25-year power purchase agreement (PPA). The power station would be located in the town of Selebi-Phikwe, , [b] in the Central District of Botswana.

How will solar power plants be financed in Botswana?

The solar power plants are estimated to be financed by BWP 936 million (USD 68 million) of non-recourse project debt and equity from Scatec. Financing for the first 60 MW will be provided by the Rand Merchant Bank in Botswana and the World Bank’s International Finance Corporation (IFC).

Who owns Selebi-Phikwe solar power station?

The Selebi-Phikwe Solar Power Station, , [a] is a 50 MW (67,000 hp) solar power plant under development in Botswana. It is owned and is being developed by Scatec, the multinational energy conglomerate, whose headquarters are located in Oslo, Norway. The off-taker is Botswana Power Corporation (BPC), under a 25-year power purchase agreement (PPA).

Who will finance the first 60 MW project in Botswana?

Financing for the first 60 MW will be provided by the Rand Merchant Bank in Botswana and the World Bank’s International Finance Corporation (IFC). Scatec owns 100% of the project and will be the designated engineering, procurement, and construction (EPC) company, as well as asset manager (AM) and operations and maintenance (O&M) service provider.