Tag Archives: Malawi

Malawi’s first solar energy project reaches financial close

One of Malawi’s first solar projects has reached financial close after attracting investment volume totaling $67 million USD. Initial site works have begun in Nkhotakota, and construction of the first phase is targeted for completion by March 2020. Once complete, the project will add 46 MW of clean energy to the local power supply. Developed … Continue reading Malawi’s first solar energy project reaches financial close

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In 2018, Benin, Burundi, Malawi, Uganda and Zambia made significant progress in de-risking renewable energy projects

Since launching a year ago, the Regional Liquidity Support Facility (RLSF) has signed agreements with five countries ensuring that their Independent Power Producers (IPPs) receive protection against payment risks that often contribute to their failure. The Facility supports small and mid-scale renewable energy IPPs (from 50 to 100MW) in sub-Saharan Africa by helping these projects … Continue reading In 2018, Benin, Burundi, Malawi, Uganda and Zambia made significant progress in de-risking renewable energy projects

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USTDA Supports Development of Hydropower in Malawi

U.S. Trade and Development Agency awarded a grant to the Ministry of Natural Resources, Energy and Mining (MNREM) of the Republic of Malawi.  The grant will fund a feasibility study to support the development of a hydropower plant on the Luweya River, located in the Nkhata Bay District in Malawi’s Northern Region. “This grant represents … Continue reading USTDA Supports Development of Hydropower in Malawi

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Malawi, China Sign $10.4m Solar Power Deal

The Governments of Malawi and the Peoples Republic of China have entered an agreement for the provision of mobile solar power systems worth about K5 billion ($10.4 million) for the health sector in the country. The agreement was signed at the Ministry of Finance in Lilongwe, the capital city of Malawi.     Zhang Qingyang, … Continue reading Malawi, China Sign $10.4m Solar Power Deal

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