- 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
