Building Energy SpA, a multinational Italian company operating as a Global Integrated IPP (Independent Power Producer) in the renewable energy sector, has been appointed preferred bidder in the GET FiT tender launched by the Government of the Republic of Zambia and KfW to facilitate private sector investment in the Country, for two solar projects.
Building Energy will develop the two‐20MWac solar projects in Bulemu, located in Kabwe District (Central Province) which, once completed, will generate 50GWh each per year. GET FiT programme is a partnership between the Zambian Ministry of Energy and the German Development Bank, KfW, implemented by the GET FiT Secretariat in order to develop small and medium‐scale Renewable Energy Independent Power Projects (IPPs) in Zambia. This is the largest single Solar PV tender implemented in Sub‐Saharan Africa to date outside of South Africa, and represents the first phase of implementing the Government of the Republic of Zambia’s REFiT strategy, launched in 2017.
Read the full press release.