Queensland Hydro picks contractors for 2-GW pumped storage project
Sep 18, 2024 6:05 CESTSun Plus, a unit of The Sandi Group (TSG), has launched construction work on a 600-MWp solar plant in the Democratic Republic of Congo that is part of an even larger project totalling 1 GWp.
The two-phase scheme, known as the Kinshasa Solar City, includes the installation of a number of solar photovoltaic (PV) parks near the capital of the country. The 600-MWp phase one was initiated on August 19 and is expected to be completed within a year.
The total investment in the project’s two phases is estimated at around USD 1 billion (EUR 846m).
The solar plant will be supported by a 25-year power purchase agreement (PPA) with Societe nationale d'electricite (SNEL) under which the state-owned utility will buy the facility’s entire output at USD 0.095 per kWh, local media say.
(USD 1.0 = EUR 0.846)
Queensland Hydro picks contractors for 2-GW pumped storage project
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