Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

Kamoa Kakula: German Soventix Expands African Presence with Solar Energy Project in the DR Congo

Kamoa Kakula: German Soventix Expands African Presence with Solar Energy Project in the DR Congo

Soventix GmbH will contribute to the solar energy with storage project to power the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC). The German firm announced this on April 30, 2025. 

According to the announcement, Soventix will be involved in the planning, project management, and supply of components, while CrossBoundary Energy, a developer specializing in renewable energy solutions for businesses, will operate the entire scheme. In early April, Kamoa Copper, the complex’s owner, and CrossBoundary Energy signed a power purchase agreement.

The project includes building a 222 MWp solar power plant, combined with a 526 MWh storage system, capable of supplying a stable 30 MW of power to the mine.

The Kamoa-Kakula complex is one of Africa's most advanced copper projects. The complex could require around 240 MW of energy after the completion of its first, second, and third phases, and when its smelter is fully operational, in 2026. The solar power plant and storage project is just one of the initiatives being implemented to guarantee a clean, stable energy supply.

Already present in Nigeria, Kenya, and Rwanda, Soventix expands its footprint in Africa with the Congolese project. For its part, CrossBoundary is backed by the Norwegian fund Norfund, an alliance that supports a basic renewable model tailored to the needs of African heavy industry.

This article was initially published in French by Abdoullah Diop

Edited in English by Ola Schad Akinocho

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
dr-congo-hires-former-us-navy-erik-prince-to-help-secure-mining-revenues
A few months ago, the Democratic Republic of Congo (DRC) partnered with former US Navy SEAL officer Erik Prince to secure mining revenues. Concluded...
drc-togolese-president-ready-to-fill-in-for-angolan-president-as-peace-mediator-in-eastern-conflict
Togolese President Faure Gnassingbé is poised to become the African Union's (AU) new mediator in the ongoing crisis in eastern Democratic Republic of...
biotech-this-congolese-native-stuck-a-major-deal-with-astrazeneca
AstraZeneca, one of the world’s leading pharmaceutical brands, bought his company two weeks ago. Jean-Pierre Latere is his name, and his startup,...
sofibanque-appoints-new-deputy-managing-director
Bobo Makunda Sefekese is the new Deputy Managing Director of Sofibanque, a leading bank in the Democratic Republic of Congo (DRC). The lender announced...

African Economies

MOST READ

Please publish modules in offcanvas position.