GOLOMOTI,
MALAWI
LOCATION:
Golomoti, Malawi
INSTALLATION TYPE:
Solar PV
PROJECT SIZE:
20 MWAC / 26 MWDC
PPA TERM:
20 years
STATUS:
Mid-Stage Development
PROJECT COORDINATES:
-14.445231, 34.599198
FEASIBILITY105%
PERMITTING105%
FINANCING0%
CONSTRUCTION0%
OPERATION0%
PROJECT OVERVIEW
JCM is developing a solar photovoltaic (PV) project in the Golomoti district of the Republic of Malawi. JCM was successful in a tender process in Malawi and was awarded the right to develop two sites, one site near the Salima substation and a second site near the Golomoti substation. JCM has negotiated a power purchase agreement (PPA) with the Electricity Supply Corporation of Malawi Limited (ESCOM). The PPA signing is subject to Malawi Energy Regulatory Authority (MERA) approval once the tariff is settled between JCM and ESCOM.
MARKET OVERVIEW
ESCOM, the government owned utility in Malawi, initiated a tender for four solar PV projects in December of 2016. Although JCM had previously been negotiating a bilateral agreement with the utility, this showed a strong commitment to the solar PV progress and ESCOM’s desire to create a competitive environment in Malawi. The Government continues to show strong support towards renewable energy development in country and the project continues to make progress on the implementation agreement. Malawi’s $350 million Millennium Challenge Corporation compact still continues to be implemented with a focus on reducing poverty by improving the availability, reliability and quality of the power supply, expanding access to power, reducing the cost of doing business, and revitalizing Malawi’s power sector.
