Lusaka energy s overseas energy storage business

What is the Lusaka bulk fuel terminal project?

The Lusaka bulk fuel terminal project currently underway in Zambia’s capital for Gulfstream FZC from Dubai in the Middle East, consists of eight 15,000 m3 tanks and a 2,000 m3 tank on a co-mingled storage basis.

Why should German and European service providers invest in Zambia?

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.

How can Zambia reduce its vulnerability to power shortages?

By incorporating nuclear, wind, solar, and coal energy, Zambia can reduce its vulnerability to power shortages and ensure a stable, sustainable energy supply. Remember, this may not be a quick fix to what we are going through, but it may work in the now and years to come ahead.

How can a diversified energy portfolio help Zambia?

The current energy crisis in Zambia, exacerbated by reliance on hydropower and frequent droughts, necessitates a shift towards a diversified energy portfolio. By incorporating nuclear, wind, solar, and coal energy, Zambia can reduce its vulnerability to power shortages and ensure a stable, sustainable energy supply.

Is solar energy a good investment in Zambia?

Solar energy is abundant in Zambia, ideal for power generation due to high solar irradiance. Solar energy systems are scalable, ranging from small to large installations, and require minimal upkeep with low operating costs. However, the initial installation costs can be high, and solar power is dependent on daylight and weather conditions.

Can battery storage be used with solar photovoltaics in Zambia?

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.