The US Trade and Development Agency (USTDA) has approved a $1.05 million grant to Zambia to support a feasibility study for the construction of first wind power plant in the country.
The funding will help renewable power project developer, Access Power, and its strategic partner, EREN Renewable Energy to come up with the project.
The $275 million wind power plant will generate about 500GWh of clean electricity.
According to the developers of the project the wind power plant will be one of the largest renewable energy projects in sub-Saharan Africa and the first independent wind power plant in Zambia.
USTDA’s acting director, Thomas R. Hardy, says that the first wind power plant in Zambia will help diversify the country’s energy generation mix.
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Vahid Fotuhi, managing director of Access Power said that the project will help tap into Zambia’s vast clean energy power generation potential in order to help fuel its economy development and satisfy the urgent need for electrification.”
“The support from USTDA combined with our expertise and the favourable policy environment set by Zambia will deliver a landmark project for the country,” said Vice-President, business development Africa at EREN, Christophe Fleurence.
“This project positively illustrates how International cooperation between public and private sectors can accelerate Africa’s development through access to clean sustainable energy.”