African & Caribbean Energy Network
African & Caribbean Energy Network
June 18, 2025 at 08:08 AM
Zambia secures $40 million deal to power 209 public institutions with solar Zambia’s Ministry of Energy has announced that it has finalised a deal for the installation of 50 megawatts (MW) of solar power across 209 public institutions in the country’s Eastern Province. In a statement on its official Facebook page, the Ministry said the deal is between Zambian firm Accura Logistics and international investor Baker Tilly Global Capital Africa and will see 209 public institutions being electrified with solar power in the Eastern Province. Speaking at the signing ceremony in Zambia’s capital, Lusaka, the country’s Minister of Energy, Makozo Chikote said the agreement reflected the government’s strong commitment to delivering practical results in the energy sector. The initiative is part of the Presidential Solar Initiative under Zambia’s President Hakainde Hichilema which targets the addition of 1,000MW of solar energy to Zambia’s national grid by end of 2025. “The partnership between a local Zambian company and a global financial institution was a clear sign of growing investor confidence in Zambia’s economy.
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