Shumba Energy gets P800m solar plant approval

Coming soon: The countryu00e2u20acu2122s largest solar plant is due by the end of next year PIC: GLOBALENCO.COM
Coming soon: The countryu00e2u20acu2122s largest solar plant is due by the end of next year PIC: GLOBALENCO.COM

Upcoming energy developer, Shumba Energy, has secured approval for a 100MW solar power plant it intends on spending about $80 million (P880 million) in developing in the Tati area.

BusinessWeek has learnt the company, which has extensive coal licences in eastern Botswana, has positioned the solar project as its number one priority and plans to secure funding for the first 50MW phase within the next six months.

Shumba Energy CEO, Mashale Phumaphi told BusinessWeek the plant, which will sit on a 300-hectare area near Francistown, will target the Southern African Power Pool (SAPP), the region’s common marketplace for electricity.

Editor's Comment
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

Have a Story? Send Us a tip
arrow up