Botswana is rich in natural resources and has vast solar energy potential, receiving over 3,200 hours of sunshine per year. Even though Botswana possesses vast coal resources, the nation’s ambitions to drive a renewable energy transformation is clear to see. The country’s Vision 2036 calls for 50% renewable energy allocation by 2036.
In August 2022, Scatec signed a binding 25-year PPA with Botswana Power Corporation, a state-owned utility in Botswana, for a 60 MW solar power plant at Selebi-Phikwe. During the third quarter 2023 Scatec was awarded an additional 25-year PPA with Botswana Power Corporation for another 60 MW. The new project will be developed in a second phase to the initial project. In Q1 2024, construction started for the first 60 MW.
The solar projects are the first of its kind in the country.
Scatec currently owns 100% of the projects, and will provide EPC services, as well as Asset Management and O&M services. Scatec is aiming to reduce its ownership in the projects by inviting equity partners.