SALIMA,
MALAWI
LOCATION:
Salima, Malawi
INSTALLATION TYPE:
Solar PV
PROJECT SIZE:
60 MWAC / 75.6 MWDC
PPA TERM:
20 years
STATUS:
Construction
PROJECT COORDINATES:
‐13.424148, 34.193244
FEASIBILITY105%
PERMITTING105%
FINANCING105%
CONSTRUCTION100%
OPERATION0%
PROJECT OVERVIEW
JCM has been developing a 60 MW AC (75.6 MW DC) solar photovoltaic project in the Salima district of the Republic of Malawi since mid‐2013. JCM has signed a power purchase agreement (PPA) with the Electricity Supply Corporation of Malawi Limited (ESCOM) and has obtained all the permits and Land Agreements. An Implementation Agreement (IA) has also been signed with the Ministry of Finance and the Ministry of Energy. The project is currently in construction.
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.
SALIMA MACRO-ECONOMIC IMPACT
