Amsons Group and Exergy Africa have signed a Memorandum of Understanding (MoU) to deliver 1,300 megawatts of power from solar and coal in Zambia.
Speaking at the signing ceremony in Lusaka, Energy Minister Makozo Chikote said the partnership will help stabilize Zambia’s power deficit, which has slowed economic growth. He emphasized that the investment comes at a critical time as the country works to address its energy crisis.
Exergy Africa Shareholders Representative Monica Musonda described the project as a significant leap toward energy sustainability for Zambia and the wider region.
Amsons Group Managing Director Edha Nahdi said the MoU represents a new era in solar power while incorporating coal into Africa’s energy mix.
Africa Power Generation Director Ismail Hemed added that the agreement demonstrates how Africans can unite to make a difference through collaborative projects.
