A large-scale solar power project is being developed to help the Democratic Republic of Congo (DRC) accelerate electrification, as well as decarbonise its energy sector.
The project is using $1.8 million in funding from the International Finance Corporation (IFC) through the bank’s Collaborations and Co-development Financing Programme and the Finland-IFC Blended Finance for Climate Programme.
The IFC is partnering with Globeleq, CIGenCo, Greenshare Energy, Greenshare Congo, Volt Renewables, and Nzuri Energy to construct the project.
The development comes as only 19% of the country’s total population has access to electricity, according to the World Bank, hence the need to expand capacity and connect more consumers.
The solar project will act as an independent power producer in Kolwezi in the south-eastern parts of the DRC, will produce 100 MWac of capacity and will support the national utility and mining operations.
