Economy

MFEZ 54 Megawatts Solar Plant Nears Completion

Construction works of the $60 million, 54 megawatts solar plant at the Lusaka Multi Facility Economic Zone (LMFEZ) have reached 80% completion.

The round one Scaling Solar project which is an investment partnership between the Industrial Development Corporation (IDC) and Neoen of France, once completed, is expected to supply ZESCO with record cheap energy at 6 cents per kilowatt hour for 25 years.

Speaking after touring the construction site at the LMFEZ, IDC Group CEO Mateyo Kaluba, said the Corporation will continue to roll out the solar project until the targeted 600 megawatt is achieved.

He further revealed the next projects are earmarked for Central, Eastern and Copperbelt provinces.

Kaluba said the project has so far created 850 jobs of which 600 were Zambians.

16 Comments

  1. Kashta

    Green energy is the way to go… Good project on which to invest.

  2. kelvin longa

    Good project..

  3. Muntu mufunelo

    This is nice but people will criticise

  4. Gervis

    Good economic development

  5. S m

    Thanks for good economic development

  6. Andy

    We envy you neighbor, our ESCOM bought diesel generators abale malodza enieni

    • Zattie Bee

      Musadandaule anzathu iyi ndi nthawi yathu yanu akadzafika ifenso tidzakunvani muli kuyamika.

  7. Ambassador Mosmuk

    Only the blinds will not apreciate this Economic Development.keep it up

  8. hh

    you want to block me winning the elections with your development now

  9. Gangsta grabs

    Manje ine nizayamba kunyengela kuti mukayasha malaiti pasanga paja?

  10. HH

    What development. Wether development or not I will carry the win

  11. suntwe

    Hoping to use solar stove one day,good move mwebuteko

  12. Razor

    This is the way to go. You can even borrow for such projects as they will pay back themselves. Not the so called presidential jet.

  13. Sikawala Hamwela

    impressive congratulations we need more of these projects and the creation of local enterprises and entrepreneurship around the energy sector

  14. Futuristic

    Great achievement,.. Perhaps in 5years time we will even have electric vehicles

  15. michael mataka

    we will enjoy it for 25 years.

Comments are closed.