Belmopan solar container power station in botswana

How will Botswana Power Projects be implemented?

These projects, with a combined capacity of 1.5GW, will be implemented through private sector investment, with the Botswana Power Corporation (BPC) acting as the offtaker under long-term Power Purchase Agreements (PPAs) of up to 25 years.

Who owns Selebi-Phikwe solar power station?

The Selebi-Phikwe Solar Power Station, , [a] is a 50 MW (67,000 hp) solar power plant under development in Botswana. It is owned and is being developed by Scatec, the multinational energy conglomerate, whose headquarters are located in Oslo, Norway. The off-taker is Botswana Power Corporation (BPC), under a 25-year power purchase agreement (PPA).

Does Botswana have a commitment to solar energy?

The commitment to solar energy is evident in the policies and frameworks that support the development of renewable projects. By integrating solar power into the national energy strategy, Botswana aims to foster a more resilient and sustainable energy future.

How will Scatec power plant work in Botswana?

The power plant is Scatec’s first in Botswana and will generate predictable revenues from a 25-year power purchase agreement (PPA) with Botswana Power Corporation, the national utility. The remaining 60 MW of the project is currently under construction and is expected to be completed in the beginning of 2026.

How will solar power plants be financed in Botswana?

The solar power plants are estimated to be financed by BWP 936 million (USD 68 million) of non-recourse project debt and equity from Scatec. Financing for the first 60 MW will be provided by the Rand Merchant Bank in Botswana and the World Bank’s International Finance Corporation (IFC).

Who is the off-taker of Botswana Power Station?

The off-taker is Botswana Power Corporation (BPC), under a 25-year power purchase agreement (PPA). The power station would be located in the town of Selebi-Phikwe, , [b] in the Central District of Botswana.