Bwengu Solar Park is a 50MW solar PV power project. It is planned in Northern Region, Malawi. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024. Buy the profile here.
The project is being developed by Quantel Renewable Energy. Quantel Renewable Energy, Frontier Investment Management and Vidullanka are currently owning the project having ownership stake of 33.34%, 33.33% and 33.33% respectively.
Bwengu Solar Park is a ground-mounted solar project which is planned over 105 acres.
The project cost is expected to be around $65m.
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Power Market under a power purchase agreement. The offtake capacity is expected to be 50MW.
For more details on Bwengu Solar Park, buy the profile here.