Posted inAfrica / Economics / News / Solar

Zambia awards solar capacity at record low tariff

A recently concluded competitive award of solar power capacity in Zambia has yielded a $0.04 per kilowatt-hour (kWh) tariff, which is on par with tariffs discovered in bids conducted in leading solar markets like India and a new record for Africa. The Government of Zambia, under its ‘GET FiT’ programme to facilitate private investments in renewable energy projects, has awarded six projects of 20 megawatt (MW) each, including two projects at $0.039 kWh, another two at $0.45 per kWh, and the remaining two at $0.048 per kWh. In India, for instance, solar tariffs have declined six to seven times over the past decade — from Rs 13-14 per kWh to Rs 2.5-3 per kWh — primarily due to tendering of large capacities under various central and state government programmes/policies.

— source downtoearth.org.in | 07 May 2019

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