Financiers needed for hydrokinetic power project in Zambia

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Financiers needed for hydrokinetic power project in Zambia
Finance request | , Zambia

Project will involve turbines installation Zambezi River to generate electricity from water currents. Hydropower can operate in remote areas and will supply power to towns from Lake Kariba.

Country: Zambia
Industry: Energy
Products & Services: Hydropower Generation

Details of Opportunity:
The greenfield project aims to supply ‘green power’ to Zambian towns by using the Zambezi River’s water currents to generate electricity. The turbines will be installed on the Zambezi River at suitable locations within close proximity to the two surrounding towns and the national power grid. The power generated by each station will be about 3500 kW/year. The form of power generation is known as hydrokinetics power and can be used in remote, isolated areas. A number of river sites have been identified for the greenfield project and a Power Purchase Agreement can be signed with the Zambian electricity authority for interested investors.
Estimated Cost: US $10,4 million.

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