Giga Global Limited Company: 71MW Solar-Wind Hybrid Project

Project Description

Gigawatt Renewables Zambia Ltd, a subsidiary of Gigawatt Global (Netherlands), is developing a USD 90 million solar–wind hybrid power plant in Chibombo District. The high-elevation site hosts Zambia’s best-performing wind mast and strong solar resource (GHI 2,184 kWh/m²). The project features 40 MWp AC solar, additional wind capacity, a new 132 kV substation, and long-term offtake by ZESCO. With an 18-month construction timeline and 25-year plant life, the project is open for FDI through a majority stake.

Project Location:

Chibombo District, Central Province

Lead Agency/ Project Promoter:

Giga Global Limited Company

Contact

Email: Rebecca.Jangulo@zda.org.zm

Current Status/ Stage of Project:

Greenfield

Availability of Pre-feasibility Studies, Feasibility Studies, and other Studies:

Feasibility study available upon request

Estimated Cost of the Project:

USD 90 million

Investment Required

Investment into Fund Structure

Please register or login to download this investment project PDF.
REGISTER

Login

Country

Zambia

Location (s)

Central Province Zambia/ Chibombo District

Sector

Infrastructure: Transport, Energy, ICT, Mining and Water

Sub Sector

Renewable Energy

Investment Value Range

75-100 million USD

View country profile(s) for investment incentives, success stories and other publications.

Get in Touch

Interested in this project? Please get in touch by filling out the contact form below.

ComesaRIA Investment Map Get In Touch

Investment project information request

"*" indicates required fields

Name*
This field is hidden when viewing the form
This field is for validation purposes and should be left unchanged.

Zambia Investment News

Zambia will start exporting an additional 80 MW of electricity to Namibia

April 13, 2022

Zambia will start exporting an additional 80 MW of electricity to Namibia following an agreement signed by the utility companies of the two countries on Tuesday in Lusaka Zambia’s Zesco Limited and Namibia’s Nampower signed a power supply agreement for the export of an additional 80 MW in addition to 100 MW being exported after…

READ NEWS

52 ZAMBIAN BUSINESSES IN DRC FOR TRADE:

October 20, 2021

The first cohort of over 52 representatives of Zambian companies has arrived in the Democratic Republic of Congo (DRC) ready to talk business with their Congolese business counterparts. The delegation is led by Zambia Development Agency (ZDA ) Acting Director General Albert Halwampa, ZDA Director Enterprise Development Gabriel Musentekwa, ZDA Acting Director Export Development Obby Banda,…

READ NEWS

Get in Touch

Interested in this project? Please get in touch by filling out the contact form below.

ComesaRIA Investment Map Get In Touch

Investment project information request

"*" indicates required fields

Name*
This field is hidden when viewing the form
This field is for validation purposes and should be left unchanged.

More Renewable Energy Investment Projects in Zambia

The Zambia Copperbelt Renewable Energy Project

The Zambia Copperbelt Renewable Energy Project is a large-scale solar photovoltaic (PV) and battery storage initiative aimed at providing sustainable, cost-effective electricity to key water utility companies and educational institutions in Zambia’s Copperbelt Province. The project will deploy 46,835 kW of solar PV capacity and 50,861.4 kWh of battery storage, ensuring a stable power supply…

View Project Info

Western Power Company Limited: Ngonye Falls Hydroelectric Project

The USD 600 million Ngonye Falls Hydroelectric Project will be Zambia’s largest run-of-river hydro and the country’s largest renewable IPP, generating 180MW and 830GWh a year. This is more than 25× Western Province’s current demand and enough for 175,000 households. Construction (3–4 years) will begin in 2023, creating 3,000 jobs. Backed by APP, InfraCo Africa…

View Project Info

Lufubu Power Company Limited: Lufubu Hydropower Project

Zambia offers an FDI opportunity in the 163MW Lufubu Hydropower Cascade (three plants) on the Lufubu River, Northern Province. The USD 700 million project will deliver stable, rainfall–driven generation, strengthening the national grid and supporting regional tourism and investment growth. With projected EBITDA of USD 118.4 million in year one and a strong long-term market,…

View Project Info

Solar PV Power Plant – Mongu District, Western Province

DanAon Renewable Energy Zambia Ltd is developing a 22.5MW solar PV plant in Kasima, Mongu District to generate ≈45.5 GWh/year and be connected to the Mongu Substation. The USD 20–23 million project is backed by a 25-year ZESCO PPA at USD 0.08/kWh, offering 15% equity IRR. Zambia’s growing electricity deficit and industrial demand make this…

View Project Info

ESM 1 Floating Solar Power

ESM 1 is a joint-venture collaboration between ESM Belgium and Hydrosun Energies Limited, a Zambian consortium. The consortium plans to invest up to 1 gigawatt of power generation capacity in Zambia, starting with a 200MW floating solar project. Project Location: Itezhi-tezhi Lead Agency/ Project Promoter: Energy Supply & Management One Limited (ESM1) Contact Email: Rebecca.Jangulo@zda.org.zm…

View Project Info