Multinational Gigawatt Global will develop a 100 MW solar plant in Kinshasa, Democratic Republic of Congo -(DRC). The company signed the related deal with the Congolese Ministry of Industry and SME Development on November 7, 2024.
According to the non-binding agreement, both parties will conceive, finance, build, and operate the plant.
With an installed capacity of 0.15 MW in 202, Kinshasa relies on other regions for power. The new solar project would thus boost the city’s energy supply, benefiting its 20 million residents, who often face power cuts. According to promoters, the project will focus on areas where many small and medium-sized businesses are located.
The project could create at least 500 indirect and direct jobs. However, before the project begins, several steps must be passed. These include defining how the partnership will work, getting a production permit from the French electricity regulator, and signing a power purchase agreement with a distributor. All necessary studies must also be completed, and funding must be secured.
If successful, this will be Gigawatt Global's largest project so far. The company has previously completed three smaller projects in Rwanda, Burundi, and the USA, with capacities of 8.5 MW, 7.5 MW, and 22.5 MW, respectively. A bigger project (a 135 MW solar plant) should have been developed in Bauchi, Nigeria, but it is yet to begin for lack of “final approval”.
Tanlux Investment attended the recent deal signing with Gigawatt Global in the DRC. However, the firm’s role in the project was not clearly stated. Founded in Luxembourg in August 2022, Tanlux claims to promote renewable energy and ecological agriculture, but there is little information about its involvement in solar projects.
Pierre Mukoko