Botswana advanced solar container system project factory operation

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The facility will be located on 160 hectares of land approximately 25 km south-east of Francistown in the North-eastern region of Botswana, between the villages of Matsiloje and Matshelagabedi.

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Renewable- energy provider Scatec owns 100% of the project and is aiming to reduce its long-term economic interest by inviting additional equity

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Botswana advanced solar container system project factory operation

6 FAQs about [Botswana advanced solar container system project factory operation]

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).

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.

Where will Scatec power plants be built?

Construction and operation of the power plants will be managed by Scatec’s organisation in South Africa. “As we reach another milestone in our renewable energy journey in Botswana, we are now looking forward to starting construction of the largest solar project in the country.

Who will finance the first 60 MW project in Botswana?

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). Scatec owns 100% of the project and will be the designated engineering, procurement, and construction (EPC) company, as well as asset manager (AM) and operations and maintenance (O&M) service provider.

Where will a solar power plant be located in Gaborone?

The plant will be located near Mmadinare, close to the former mining town of Selebi-Phikwe, 400 kilometres Northeast of capital Gaborone. The solar power plant will ensure that approximately 48,000 tons of CO 2 emissions will be avoided and power approximately 20,000 households annually.

Does Scatec own the solar power plant?

Scatec owns 100% of the project and is aiming to reduce its long-term economic interest by inviting additional equity partners. “We are very proud to achieve COD for the first phase of the solar power plant within budget, reinforcing our commitment to advancing renewable energy in the region,” says Terje Pilskog, CEO Scatec.

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