Arlington, VA – Today, the U.S. Trade and Development Agency announced funding for a feasibility study grant to REV-UP Solar Ventures Zambia (REV-UP) to support the development of a large-scale solar power
The Zambia Energy Regulatory Board (ZERB) plays a critical role in this process, overseeing the licensing regime and ensuring that businesses comply with the national and international
ERB, aiming to be a world-class, firm but fair regulator, regulates the energy sector in Zambia with due consideration to world trends. After ten years, ERB has firmly positioned itself and provided leadership in the sector.
To help address Zambia’s energy access gap, decentralized energy systems, including solar mini-grids, will need to be deployed. Zambia needs to bolster investments to scale mini-grid development by creating a more enabling investment environment through transparent, predictable, simpler, and fair regulation.
The Zambian regulation foresees customs duty and VAT exemptions for most equipment used in renewable energy or battery storage projects. Detailed information is provided in In this section, we discuss the opportunity of battery storage in combination with solar photovoltaics from a financial point of view.
For German and European service providers active in the energy sector, Zambia presents significant potential for business development. There are clear needs across the solar energy and storage value chain, including pro-ject development and financing, equipment manufacturing, system inte-gration and contracting.
The electricity supply industry in Zambia mainly comprises of a vertically integrated state utility, ZESCO, and an energy service company, Copperbelt Energy Corporation (CEC), that purchases power from ZESCO and supplies it to the mines.
The Energy Regulation Board of Zambia states that in 1994, the Government of the Republic of Zambia promulgated a National Energy Policy to guide the administration of the sector. This was in recognition of the critical role that energy plays in socio-economic development and poverty reduction and the need to enhance that role.
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