Pash Global and Tswana Renewables have formed a joint venture to develop small-scale PV plants across Botswana. For the first two 400 kW projects they have already secured a power purchase agreement.
London-based clean energy investment firm Pash Global has formed a 50-50 joint venture with Botswana-based project developer Tswana Renewables to build several solar plants totaling 30 MW in Botswana.
The two companies want to invest $35 million in the projects. For two of them, each with a capacity of 400 kW, they have already secured a power purchase agreement (PPA) from Travelodge, a hotel group in Gaborone, and Ramotswe, a plastic manufacturing company for water tanks. The plants are both scheduled to be completed by the end of August.
“Currently, we have 30 MW in the pipeline of 25 to 35 individual grid-tied solar projects of about 400 kW, some being bigger and others slightly smaller,” Kofi Owusu Bempah, CEO of Pash Global, told pv magazine. “The idea is to sell power to private off-takers. We like Botswana because renewable energy penetration is very low, enabling us to directly negotiate with private businesses to support their energy needs and reduce their cost of power.”
The levelized cost of energy (LCOE) of the projects will range between $0.08 and $0.10/kWh. The projects will be located in areas like Gaborone, Ramotswe, and Lobatse.
Pash Global is looking to collaborate with other partners in this project and venturing into other countries like Ghana, Nigeria, Cameroon, Zimbabwe, Mali, and South Africa.
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We have amongst others successfully electrified part of a Village and our systems are providing water heating in schools. Our well-resourced solar thermal trailer is used to create public awareness, and provide training to practitioners and students, impacting policy and changing mindsets towards clean energy.
A Carbon Tracker report estimates 60% of the world’s technical solar potential – enough to produce 3.5 exawatt-hours of clean electricity per year – would already be cheaper than fossil fuel if installed. Of the remainder, most would be in sub-Saharan Africa, a region which has the potential to be a global solar and wind powerhouse.
It is tempting to wonder whether Lefoko Moagi has read the latest report from London-based non-profit Carbon Tracker, which spells out the nature of the renewable energy revolution unfolding before us.
The sky''s the limit report spells out just how inevitable the rise of clean energy – and consequent death of fossil fuels – will be, and progresses from reporting the global technical potential of solar and wind power, based on the abundance of each natural resource; and the economic potential, ranked by price versus fossil fuels; to assess the ‘political potential'' as a final hurdle to overcome.
“The implication is that the energy minister of every country in the world can now sit down with a blank sheet of paper and figure out what is the best suite of options for the energy supply for their country,” states the study. One of the most striking statistics reported concerns the technical potential of solar and wind in each nation as a multiple of total energy demand.
With Carbon Tracker estimating 60% of the world''s technical solar potential is already economically viable – rising to 90% by 2025 and all of it this decade – and with poorer nations having lower energy demand, the report notes: “The adoption of renewables is a profoundly just process because it will benefit the poor and the many.”
That''s where Moagi, minister for mineral resources, green technology and energy security in Gaborone comes in. Whilst Carbon Tracker estimates nations such as Germany have less than 10 times their energy demand represented by their technical PV potential, the report estimates Botswana has 5,000 times more renewable energy (RE) resource than it needs to power its population.
A second group of countries with ‘abundant'' solar and wind technical potential – boasting 100-1,000 times more clean power potential than energy demand – includes Morocco, Uruguay, Chile and Australia, and ‘replete'' nations, with 10-100 times more potential than demand, include major powers China, the U.S. and India, and well as the U.K.
On the subject of the small number of ‘stretched'' nations – which have up to ten times more clean power potential than energy demand – the report remains positive and points out the progress Germany has made even with ‘only'' around 2.2 times more renewables technical potential than energy demand. As Carbon Tracker says: “If the Germans can find solutions, then so can everyone.”
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