Monkey Bay Solar PV Park is a 20MW solar PV power project. It is planned in Southern Region, Malawi. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
The project is being developed and currently owned by Droege Energy. The company has a stake of 100%.
Monkey Bay Solar PV Park is a floating solar project which is planned over 14 hectares.
The project cost is expected to be around $34m.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Electricity Supply Corporation of Malawi under a power purchase agreement for a period of 25 years.
Droege Energy is expected to render engineering procurement construction services for the solar PV power project.
For more details on Monkey Bay Solar PV Park, buy the profile here.