LIVE
πŸ”΄ POLITICS: Zambia heads to the polls β€” August 2026 General ElectionπŸ“Š ECONOMY: Zambian Kwacha β€” latest exchange rates and market updatesπŸ›οΈ INSTITUTIONS: ECZ announces 70 new constituencies for 2026 elections
The Zambian People's Pulse

THE ZAMBIAN
PEOPLE'S PULSE

ECONOMY95% Verified

Zambia tenders 300 MW of solar

β€’ECONOMY
β€’
β€’

Share this article

Listen to Story

Click play to have this article read aloud

Zambia tenders 300 MW of solar

Zambia has launched the first bid window of its new Carbon Feed In Premium Program (CFIP), aiming to develop 300 MW of solar power. This initiative, led by the Ministry of Green Economy and Environment and the Ministry of Energy, is open to both national and international independent power producers, as well as the national utility ZESCO and its subsidiaries. The program focuses on large-scale, grid-connected solar installations. Eligible projects must have an installed capacity between 30 MW and 100 MW and include an on-site battery energy storage system with at least half an hour of capacity. The deadline for submitting expressions of interest is May 31. This move signifies Zambia's commitment to expanding its renewable energy capacity, particularly in solar power, utilizing a results-based financing mechanism to attract investment and ensure grid stability through integrated energy storage solutions.

Zambia Illuminates Path to Energy Security with Ambitious 300 MW Solar Tender

Zambia has embarked on a significant stride towards bolstering its energy independence and greening its power grid with the launch of the first bid window under its groundbreaking Carbon Feed In Premium Program (CFIP). This ambitious initiative, spearheaded jointly by the Ministry of Green Economy and Environment and the Ministry of Energy, seeks to procure a substantial 300 megawatts (MW) of solar power, marking a pivotal moment in the nation's renewable energy journey. The tender, which is open to a diverse pool of national and international independent power producers (IPPs), alongside the national utility ZESCO and its subsidiaries, underscores Zambia's commitment to fostering a competitive and inclusive environment for energy development. This strategic move is expected to attract considerable investment and expertise, vital for transforming the country's energy landscape.

The CFIP program is meticulously designed to support large-scale, grid-connected solar installations, ensuring that the new capacity contributes meaningfully to the national grid. A key feature of this tender is the specified project size, with eligible installations required to have an installed capacity ranging between 30 MW and 100 MW. Critically, each proposed solar facility must incorporate an on-site battery energy storage system (BESS) with a minimum capacity equivalent to half an hour of the plant's output. This forward-thinking requirement directly addresses the perennial challenge of grid stability and intermittency often associated with renewable sources, particularly solar. By mandating storage, Zambia aims to ensure a more reliable and consistent power supply, mitigating potential disruptions and enhancing the overall resilience of the national grid, a crucial factor for industrial growth and household consumption.

This initiative comes at a critical juncture for Zambia, a nation that has historically relied heavily on hydropower, making its energy sector vulnerable to climatic fluctuations and prolonged droughts. The devastating impact of recent dry spells on water levels at key dams, such as Kariba, has underscored the urgent need for diversification. The CFIP program, with its focus on solar power, offers a robust solution to this challenge, leveraging Zambia's abundant sunshine hours to create a more resilient and sustainable energy mix. The results-based financing mechanism embedded within the CFIP is designed to attract high-quality investments by offering predictable returns, thereby de-risking projects for developers and fostering a conducive environment for long-term engagement. The deadline for submitting expressions of interest, set for May 31, is expected to generate significant interest from both local and international players eager to contribute to Zambia's energy transition.

Beyond securing a stable power supply, the implications of this 300 MW solar tender extend to broader national development goals. Increased renewable energy capacity will not only reduce Zambia's carbon footprint, aligning with global climate change commitments, but also create green jobs, stimulate local economies through supply chain development, and potentially lower the long-term cost of electricity. For ordinary Zambians, a more diversified and stable energy supply means fewer load-shedding hours, improved access to electricity, and enhanced productivity across all sectors. This strategic investment in solar power, complemented by essential battery storage, positions Zambia as a leader in sustainable energy development within the Southern African region, paving the way for a brighter, more electrified future for all its citizens.

Related Articles

Banks post strong 2025 gains
ECONOMY

Banks post strong 2025 gains

Zambia's banking sector reported robust performance in 2025, characterized by strong profits, improved asset quality, and increased lending, according to the Bankers Association of Zambia (BAZ). CEO Leonard Mwanza highlighted that non-performing loans were well below the 10 percent benchmark, indicating a stable financial system. The sector significantly contributed to economic growth by financing critical areas like energy, including alternative solutions, and agriculture, leveraging a K5 billion facility from the Bank of Zambia, with a focus on climate-smart initiatives. These strong fundamentals were supported by improving macroeconomic conditions, including a strengthening Kwacha and declining inflation, which reached 7.1 percent in March. However, this positive outlook is now threatened by escalating geopolitical tensions in the Middle East, which began around February 20. Mwanza warned that these tensions, particularly rising global oil prices, have already led to increased domestic fuel costs, prompting government intervention such as the temporary removal of VAT on fuel imports. This move, while cushioning citizens, is expected to result in a significant revenue loss of over US$60 million and may necessitate budget adjustments. The banking sector is preparing to support the economy through these anticipated shocks by focusing on job preservation, business sustainability, and prioritizing lending.

Zambia: Government declares fuel supply situation an emergency
ECONOMY

Zambia: Government declares fuel supply situation an emergency

Zambia's government has officially declared its fuel supply situation an emergency, citing the escalating global fuel prices and significant supply disruptions stemming from the ongoing Middle East conflict. Residents are already feeling the severe impact, with individuals like Fredrick Nabuzoka reporting difficulties finding fuel and Fridah Mbiza noting a downturn in her business due to mobility constraints. The crisis extends beyond Zambia, with energy expert Johnstone Chikwanda highlighting that approximately 75% of African countries are facing similar energy insecurity. He warns of impending price hikes and, more critically, concerns over the sheer availability of fuel across the continent. This declaration underscores the far-reaching economic consequences of geopolitical conflicts, affecting nations thousands of kilometers away from the immediate conflict zones and posing substantial challenges to daily life and economic stability.

HH challenges ZNBS to build affordable, decent housing
ECONOMY

HH challenges ZNBS to build affordable, decent housing

President Hakainde Hichilema has urged the Zambia National Building Society (ZNBS) to expand its initiatives to provide affordable and decent housing across Zambia, not just in Lusaka. Speaking at the launch of the ZNBS head office, the President emphasized that access to quality housing is a basic necessity and should be available to citizens beyond the capital city, aligning with the government's decentralization agenda. President Hichilema specifically challenged ZNBS to help people in areas like Kasama aspire to live in global standard, gated apartments, similar to those admired in South Africa. He stressed that ZNBS, whose mandate includes mobilizing financial resources for mortgage financing and increasing housing stock, must play a pivotal role in achieving this vision. Furthermore, the head of State issued a warning that the government would not tolerate sub-standard work from local contractors, as this compromises quality. He called on ZNBS to actively participate in the government's vision to provide widespread affordable and decent housing.

Reader Comments

Share Your Thoughts

No comments yet. Be the first to share your thoughts!