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January 24, 2022

EL Sewedy Toyota Tsusho Solar PV Park 1, Zambia

By Carmen

EL Sewedy Toyota Tsusho Solar PV Park 1 is a 50MW solar PV power project. It is planned in Western, Zambia. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 50 50 Permitting Western, Zambia EL Sewedy Electric; Toyota Tsusho

Description

The project is being developed by EL Sewedy Electric and Toyota Tsusho. These companies also have ownership stakes in the project.

EL Sewedy Toyota Tsusho Solar PV Park 1 is a ground-mounted solar project.

The project cost is expected to be around $107.364m.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

About EL Sewedy Electric

EL Sewedy Electric Co (ELSE) is an integrated energy solutions company. It manufactures and supplies power cables, wires, insulators, terminators, transformers, joint accessories, meters and systems, telecom cables and accessories, fiber optic cables and accessories, wind blades, wind towers and wind turbines. The company provides complete solutions through business lines such as wires and cables, engineering and contracting, transformers, energy measurement and management, electrical products and renewables. ELSE serves different markets, mainly energy and infrastructure, commercial, industrial and residential. It operates production facilities in the Middle East and Africa. The company sells products through a network of distributors across the world. ELSE is headquartered in Cairo, Egypt.

About Toyota Tsusho

Toyota Tsusho Corp (Toyota Tsusho), a member of the Toyota Group, is a diversified general trading and project management company. It trades steel, aluminum, electronics, energy, machinery, and other consumer products and services. The company also offers chemicals, textiles, and logistics services. Toyota Tsusho serves a wide range of customers including machine manufacturers and vendors, textile industries, semiconductor companies, chemical and plastic firms, food, beverage, and agriculture industry players among others. Through its network of subsidiaries, affiliates and offices, the company has significant presence across Asia-Pacific, Middle East and Africa, Europe, and Americas. Toyota Tsusho is headquartered in Nagoya, Aichi, Japan.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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