Africa Finance Corporation and SkyPower Global sign JV for development of 200MW solar PV project in DRC

  • Africa Finance Corporation and SkyPower Global have entered a Joint Development Agreement for the first phase of SkyPower’s 1000MW Green Giant project in the DRC.
  • The first 200MW Phase 1 is a crucial step in realising the landmark 1,000MW Solar Power Purchase Agreement signed between SkyPower and the DRC’s state-owned utility, Société Nationale d’Electricité.

The Joint Development Agreement is set to catalyse the construction of the first 200MW phase of the project, with all necessary approvals secured and land allocation completed, ensuring a swift transition to development stage and the commencement of construction by 2025. Testament to the collaborative efforts between SkyPower, AFC, and the DRC, the agreement represents a beacon for sustainable economic development and a cleaner, more resilient future for the region, as well as a template for further joint initiatives.

Author: Bryan Groenendaal

Leave A Reply

About Author

Green Building Africa promotes the need for net carbon zero buildings and cities in Africa. We are fiercely independent and encourage outlying thinkers to contribute to the #netcarbonzero movement. Climate change is upon us and now is the time to react in a more diverse and broader approach to sustainability in the built environment. We challenge architects, property developers, urban planners, renewable energy professionals and green building specialists. We also challenge the funding houses and regulators and the role they play in facilitating investment into green projects. Lastly, we explore and investigate new technology and real-time data to speed up the journey in realising a net carbon zero environment for our children.

Copyright Green Building Africa 2024.