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EGENCO set to seal 50 Megawatts solar plant contract in Salima

EGENCO set to seal 50 Megawatts solar plant contract in Salima
faceofmalawi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from faceofmalawi.com Daily Mail and Mail on Sunday newspapers.

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EGENCO moves to achieve sustainable power generation for Malawi


In an effort to address the problem of erratic power supply, the Electricity Generation Company (EGENCO) has engaged an extra gear to develop a 50-megawatt solar plant in Salima.
The development comes three months after the company commissioned Tedzani IV hydropower plant, which added 19.1 megawatts to the national grid.
Moses Gwaza: We are adding more capacity to the grid
EGENCO spokesperson Moses Gwaza told Nyasa Times on Monday that the project will start in September, with a two-month feasibility study and will start with a quick 10-megawatt injection, which will be scaled up to 20 megawatts by the end of the year. ....

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African Trade Insurance Agency (ATI) Steps in to Provide Liquidity Cover for the 60 MW JCM Salima Solar PV - The Second Project in Malawi to Benefit from the Regional Liquidity Support Facility (RLSF) | The Guardian Nigeria News - Nigeria and World News — APO Press Releases — The Guardian Nigeria News – Nigeria and World News


ATI (www.ATI-ACA.org), through RLSF, has supported the 60 MW Salima Solar PV plant in Malawi; this is the second project in the country to benefit from RLSF; the first project being Phase 1 of the Nkhotakota Solar Power Plant, with an initial installed capacity of 21 MW; with project construction almost finalized, Salima Solar will be the first solar PV in Malawi to connect to the grid.
The African Trade Insurance Agency (ATI), under its Regional Liquidity Support Facility (RLSF), has supported the Salima Solar PV plant, by providing a revolving liquidity guarantee that can be drawn following any payment delays by the national offtaker – Electricity Supply Corporation of Malawi Limited (ESCOM). This is the second project in the country to benefit from RLSF, the first project being Phase 1 of the Nkhotakota Solar Power Plant, with an initial installed capacity of 21 MW. ....

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