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How much shareholding does Botswana need to invest in solar?

“Utility-scale projects by foreign private sector entities require at least 40% mandatory shareholding by Botswana citizen-owned companies. However, small-scale solar PV investments are reserved for 100% citizen-owned companies,” Kenewendo added.

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.

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 much electricity does Botswana use a year?

Botswana currently consumes approximately 4,800 gigawatt-hours (GWh) of electricity per year, with a peak demand of 680 megawatts (MW) and a base load of 400 MW. Demand is projected to rise by five percent annually, reaching 7, 000 GWh by 2040.

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How many solar projects are planned in Maun & Letlhakane?

Initially, two large-scale projects were planned; a 200MW concentrated solar power plant in Maun and a 100MW solar photovoltaic (PV) project in Letlhakane. Instead, the government has opted for Maun Solar PV (500MW), Letlhakane Solar PV (400MW), Isang Solar PV (400MW), and Mmadinare Solar Project (100MW).