Business

$80m solar plant planned for Chingola

Solar Milling Plant.

NKWETO MFULA, Chingola
A CHINGOLA-BASED company, Matty Investments has partnered with Metmecci Solar Energy Investments, a joint venture (JV) company with plans to construct a 50-megawatt plant at a cost of US$80 million.
The JV is between Met of South Africa and Mecci of Czech Republic, the world’s renowned solar companies and has since been incorporated in Zambia.
Matty Investments managing director Matthew Nkhuwa said in an interview yesterday that the solar plant is expected to feed into the national grid.
During the initial construction stages, the project will create 300 jobs and once completed additional 100 permanent jobs will be created.
He said Metmecci Solar has already put up an expression of interest to Government.
“We have been shortlisted and currently waiting for tender documentations. If [we are] picked, we are going to go ahead with the project expected to be constructed and become operational within six months period,” he said.
The solar farm will be situated in Muchinshi area along Chingola-Solwezi road on a 100-hectare land.
Mr Nkhuwa said Matty Investments is proposing a build-operate-transfer mode of financing to Government.
He is optimistic that Government will consider the solar energy firm’s expression of interest to be part of the solar energy generation industry in Zambia.
“We commend Government for promoting the solar sector in Zambia that will go a long way in supporting the growth of the economy,” he said.
Mr Nkhuwa said with so many solar plants coming up, Metmecci Solar intends to engage the University of Zambia and some selected colleges to include solar energy in their syllabuses.
“We are going to take up the cost of implementing such a syllabus, as the company is looking forward to have a technical solar energy operations centre to cater for the rest of the other solar plants,” he said.
He said Chingola is earmarked to be the headquarters of the solar energy experts and a number of satellites will be established to offer technical repairs on other solar plants.

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