KIYONA Energy Ltd intend to develop, build, own and operate renewable energy plants across the country with over 302 MW projected to reach commercial operation in the first four years of strategic implementation at a total dry cost of US$1 million per installed MW.
Our strategy encompasses robust power trading using initiatives such as off taking of power from microgenerators and government building solarization developers. During the strategic period, we are projected to trade over 3200GWh of energy from these initiatives (with average annual trade of 680 GWh over a 4-year period).
Over the strategic plan period, we will ensure accelerated access to reliable and affordable clean energy in the country through installation of rooftop solar solutions to cover 130,000 households in the first two years. KEL intends to achieve this target using the ‘Green City Initiative’ to power wide areas such as towns and communities.
KIYONA Energy Limited (KEL), a wholly owned subsidiary of ZESCO Limited, ventures in businesses outside the
regular power generation of ZESCO Limited as a response to mitigating power deficits and complimenting efforts of the Shareholder in reaching sufficiency and security of supply.
To harness renewable energies
To be a power trader of renewable energy
To provide consultancy and technical services to renewable energy operators
To be a financially sustainable organization
To be a provider of high-quality renewable energy products.
INDUSTRY OVERVIEW
a. Growing demand for solar power plants
b. Ensure PSA for All Renewable Generation Units are Finalized
c. Established a cost reflective Tariff for Virtual Power Plants
d. Keep the Receivable Days to 30 Calendar Days
e. Ensure PPAs are bankable
Kiyona Energy represents ZESCO Group’s commitment to renewable energy innovation while maintaining our shared core values of quality, integrity and customer focus.