Soleos Energy and Melci Holdings Begin Construction of 200 MW Solar Plant in DR of Congo

Source: www.gulfoilandgas.com 10/21/2024, Location: Africa

Soleos Energy, an India-based solar EPC solutions provider, in collaboration with Melci Holdings, a Democratic Republic of Congo (DRC)-based electrical engineering firm, has commenced the construction of a significant 200 MW solar power plant in the DRC. The project, valued at $200 million, marks a pivotal step in advancing the region's renewable energy landscape.

The solar park, a joint venture between Soleos Energy and Melci Holdings, is expected to provide clean and reliable electricity to over a million residents in the DRC. Additionally, the project will help reduce carbon emissions by 300,000 tons annually, contributing to global sustainability and climate action efforts.

The DRC’s national electric utility, Société Nationale d'Électricité (SNEL), will purchase the electricity under a 25-year power purchase agreement (PPA), ensuring long-term energy security for the country. This move aligns with the DRC’s goal of increasing access to renewable energy, which currently remains underutilized in the region.

Job Creation and Economic Impact
The construction of the solar plant will create over 2,000 jobs, boosting the local economy. Once operational, more than 500 permanent jobs will be created, contributing to sustainable employment in the region. The plant is expected to be fully operational by late 2026.

This project not only strengthens the DRC's renewable energy capacity but also supports the global transition to cleaner energy sources.


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