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Will a 100 MW solar plant be built in Botswana?

State-owned Botswana Power Corp. has signed a power purchase agreement with a consortium of Chinese enterprises and other companies to construct a 100 MW solar plant in southern Botswana. The project is expected to start generation by the end of 2025.

How will solar power plants be financed in Botswana?

The solar power plants are estimated to be financed by BWP 936 million (USD 68 million) of non-recourse project debt and equity from Scatec. Financing for the first 60 MW will be provided by the Rand Merchant Bank in Botswana and the World Bank’s International Finance Corporation (IFC).

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How will Scatec power plant work in Botswana?

The power plant is Scatec’s first in Botswana and will generate predictable revenues from a 25-year power purchase agreement (PPA) with Botswana Power Corporation, the national utility. The remaining 60 MW of the project is currently under construction and is expected to be completed in the beginning of 2026.

When will Botswana start generating electricity?

The facility is expected to start generation by the end of 2025. Botswana ’s President, Mokgweetsi Masisi, said the project is a key milestone in the country's energy transition. “Our journey toward energy security and transition has begun in earnest and is unstoppable.

How long will Botswana Power Plant last?

The deal involves an engineering, procurement and construction contract, with operation and maintenance of the power plant for 25 years. The facility is expected to start generation by the end of 2025. Botswana ’s President, Mokgweetsi Masisi, said the project is a key milestone in the country's energy transition.