600 MW DRC Solar Power Project RTB

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The 600 MW Solar Power Project in the Democratic Republic of the Congo (DRC) represents a strategic renewable energy investment designed to address one of Africa’s most significant power deficits. Located northeast of Kinshasa, the project will generate approximately 1,040,600 MWh annually, leveraging high solar irradiation levels across a 900-hectare site.

The facility will employ MonoPERC (monofacial or bifacial) photovoltaic modules (1500V DC) mounted on one-axis tracking systems (+/- 60°), ensuring optimal performance and efficiency. The plant’s output will connect t,o the Kimwenza Substation (220 kV) via a 39.6 km transmission line, enhancing grid reliability and expanding national energy access.

This initiative is developed under a 25-year Power Purchase Agreement (PPA) with the National Electricity Company of DRC (SNEL), structured as a take-or-pay model inclusive of deemed energy provisions. The PPA is backed by the Provincial Government of Kinshasa and governed under English law, with arbitration through the International Chamber of Commerce (ICC), Geneva.

Project Framework and PPA Highlights

Financial Overview

Estimated Project Cost: USD 450-460 million usd (Based on an average of USD 750,000 per MWp)

Cost Breakdown:

Total Investment: USD 450 million (base case)

Financial Performance (Projections):

These indicators reflect robust financial viability, with strong cash flow generation and early capital recovery under a secured long-term PPA.

Socio-Economic and Environmental Impact

The project will play a transformative role in the DRC’s energy transition by:

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