Eswatini’s energy regulator ESERA on Monday launched the 20 MW Tsamela solar project, the first development under the country’s 75 MW solar power program.
The groundbreaking ceremony in Enduma was attended by members of the royal family, government officials, ESERA representatives, Standard Bank, developer Anthem and other stakeholders, the regulator said.
The project will operate under a 25-year power purchase agreement with the Eswatini Electricity Company. Construction is planned for January or February 2026, with commissioning expected in July or August 2027.
The investment totals more than 400 million emalangeni ($23.5 million). Standard Bank structured the debt financing. Thirty percent of the equity is earmarked for local investors, and 30 percent of the debt will be raised locally.
The plant is expected to generate 47,788 MWh in its first year, equivalent to offsetting 4.8 percent of Eswatini’s electricity imports. Four additional projects are planned under the program, including Innovent’s 10 MW project, Voltalia’s 15 MW project and two 15 MW projects developed by Sturdee Energy.
ESERA’s chief executive, Skhumbuzo Tsabedze, said the launch marked an important milestone for Eswatini. He said securing electricity supply requires long-term planning and that the project is the result of extensive technical work, regulatory processes and community engagement aimed at increasing local power generation.
According to the World Bank, 86.4 percent of Eswatini’s population had access to electricity in 2023, including 91 percent in urban areas and 84.9 percent in rural areas.
The International Energy Agency estimates that net imports accounted for 71.7 percent of final electricity consumption in 2023, or 1,043 GWh. Local generation reached 601 GWh, driven mainly by hydropower (54 percent) and bioenergy (32 percent). Solar contributed about 4 percent.
Abdoullah Diop
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Côte d'Ivoire ranked first on gender equality within the Economic Community of West African States (ECOWAS) with a score of 0.708, above the regional...
Public accelerator Algeria Venture launched AventureCloudz on Thursday, April 30, a cloud platform for software developers, hosted on Algerian soil and...
Société sucrière du Cameroun (Sosucam), a subsidiary of France's Castel group, invested 2.5 billion FCFA (about $4.5 million) in a new sugar...
Gambian authorities, working with the Economic Community of West African States (ECOWAS) Commission, inaugurated the National Center for Response to...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....