Browsing: Skypower

Green Giant project
  • The joint development of the Green Giant Project will expedite the construction of the first 200MW phase of the investment.
  • Mini-grids account for more than half of all new connections in DRC.
  • The agreement represents a significant milestone in the collaborative efforts between SkyPower, AFC, and the DRC.

The Democratic Republic of Congo (DRC), Africa Finance Corporation (AFC) and SkyPower Global have entered into a joint development agreement for the first phase of SkyPower’s Green Giant project in the mineral-rich country.

The move is meant to promote the use of renewable energy in the Eastern African state. This 200MW Phase one is a crucial step towards achieving the landmark 1,000MW Solar Power Purchase Agreement (PPA) signed between SkyPower and the DRC’s state-owned utility, Société Nationale d’Electricité (SNEL).

The partnership brings together SkyPower’s extensive experience in developing large-scale solar projects and AFC’s successful track record of de-risking and funding well-structured power …