New solar glass project in Lesotho

4 FAQs about [New solar glass project in Lesotho]

Who financed 30MW solar project in Lesotho?

A Chinese based contractor SINOMA-TBEA Consortium has been engaged to construct the 30MW solar project. The project is under the direct supervision of Lesotho Electricity Generation Company (LEGCO). Phase I (30MW) of the project is financed by a soft loan from EXIM Bank of China with total contribution of USD 70.188 million.

How much does Lesotho government contribute to solar power project?

Lesotho Government Contribution to this project is estimated at M220 million which will cover the costs of land compensations valued around M57 million, Tax obligations as well as operating costs of Lesotho Electricity Generation Company (LEGCO). The government is implementing 70MW solar electricity generation project at Ramarothole in Mafeteng.

What is ramarothole solar power project in Lesotho?

The project will be under the direct supervision of Lesotho Electricity Generation Company (LEGCO). The 70MW Ramarothole solar power project is planned to be implemented and built in two phases: Phase I: 30MWp with construction period of 18 months and Phase II: 40MWp to be completed in 2030.

What is the solar energy project?

The Project is one of the projects under the Forum for China-Africa Corporation (FOCAC) and offers an opportunity to highlight how solar energy can be used to deliver reliable access to affordable electricity using modern renewable energy sources.

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