Request For Qualifications (RFQ) in respect of a 10-40MW solar PV IPP plant
GreenCo Power Services Limited (GreenCo), a subsidiary of Africa GreenCo Group, invites power developers (Respondents) to participate in a Request For Qualifications (RFQ) in respect of a 10-40MWAC solar PV IPP plant to supply energy to GreenCo under a long-term PPA (Pilot Project). The qualification stage of the procurement process will be followed by a request for proposals from qualified Respondents as per the timelines laid out in the RFQ.
The Pilot Project will not only add much needed renewable energy supply in Zambia but importantly also aid in the implementation of the wider Government of Zambia (GRZ) objectives for the development of the Zambian Energy Supply Industry (ESI). The Pilot Project will generate up to 80GWh of power per year, which will be allocated to a mix of large consumers and utilities in Zambia, and regional competitive markets.
The Pilot Project is likely to be the first project in Zambia to take advantage of the new open access regime introduced by GRZ under the Electricity Act 2019 and the Energy Regulation Act 2019 (New Legislation). The Pilot Project will provide a practical focus for GreenCo and GRZ stakeholders to work together for the refinement and implementation of the New Legislation, including clarifying the allocation of responsibilities and wheeling/ balancing/ system operations costs among market participants.
Accordingly, through the RFQ, GreenCo aims to select a Respondent with the relevant competencies, capacity and experience to setup solar PV projects in Zambia, and willing to engage with GreenCo and relevant GRZ stakeholders on the evolution of the framework governing the Pilot Project. The Pilot Project will have a significant demonstration effect on the Zambian ESI, and act as a pathfinder for future IPPs in Zambia and the rest of the region where similar regulatory changes are being introduced.
Interested Respondents are requested to go to www.africagreenco.com/pilot-project for further information, and to submit their requests for qualification and subsequently their Proposals. The last date for submitting requests for qualification for the Pilot Project is Sunday 21st March 2021.
Expression of Interest for Supply of Renewable Power in Zambia
GreenCo also invites power consumers in Zambia having annual power requirements in excess of 5 GWh to register their interest in purchasing power from GreenCo. Further information and a template for submitting Expressions of Interest is available on www.africagreenco.com/consumers
About GreenCo
GreenCo is funded by Denmark’s Investment Fund for Developing Countries (IFU) and Private Infrastructure Development Group’s InfraCo Africa. For more information please see: www.ifu.dk/en/about-ifu and www.infracoafrica.com
GreenCo should like to thank all its partners and investors and in particular the Government of Zambia and its stakeholders (Ministry of Energy, Ministry of National Development Planning, ZESCO, ERB, DOE, OPPPI (amongst others)) for their continued support for the Pilot Project and leadership in the delivery of transformative changes and new renewable energy generation to the energy sector in Zambia.
News
Greenco’s Power Systems Insights 2024 No.08
🚨 Our latest newsletter is now live 🚨 In this edition, we cover: 🔹Regional Collaboration and Innovative Financing Addresses Zambia’s Energy Crisis 🔹Join Our …
Regional Collaboration and Innovative Financing Addresses Zambia’s Energy Crisis
Africa GreenCo Group (GreenCo) through its newly incorporated Zambian subsidiary GreenCo Finance Solutions Limited (GreenCo FinanceCo) has signed a USD 55.5 million Facilities Agreement with Stanbic Bank Zambia and the Standard Bank of …
Africa GreenCo Granted Electricity Trading And Import/Export Licenses in South Africa
We’re pleased to share a major milestone: Africa GreenCo (GreenCo Power Services Pty Ltd) has been granted domestic electricity trading and import/export licenses by the National Energy …
Greenco’s Power Systems Insights 2024 No.07
🚨 Our Latest Newsletter is Now Live! 🚨 In this edition, we cover: 🔹Africa GreenCo Granted Electricity Trading And Import/Export Licenses in South Africa …
Greenco’s Power Systems Insights 2024 No.06
🚨 Our Latest Newsletter is Now Live! 🚨 In this edition, we cover: 🔹U.S. International Development Finance Corporation (DFC) Commits a USD 40m Facility to …
ZESCO Limited Secures Power Supply from South Africa with Support from GreenCo and First Quantum Minerals
ZESCO, with financial backing from GreenCo Power Services Limited (GreenCo) and First Quantum Minerals Ltd (FQM), has secured additional electricity imports from South Africa …