Tlou Energy supports gov’t energy mix

Government’s plans to address future anticipated electricity deficiency have spurred private sector investment in renewable energy.

With currently installed capacity of 890MW dominated by coal resources, the country is in the process of rebalancing the power mix by involving the private sector in building additional capacity in renewable energy sources.

Tlou Energy is one of the renewable energy players that has reached significant project milestones and is now working towards feeding power to the national grid, and sees rapid expansion potential.

“We continue to make excellent progress towards establishing ourselves as a key power player in Botswana and Southern Africa through the exploration and development of gas and solar,” said Tlou Energy Chairman Martin McIver.

The company applauds government support for its Lesedi Power Project which, once finalized, will generate 10MW of gas-fired and solar power.

“We are privileged to have the continued support of the government of Botswana and the inclusion of coal bed methane (CBM) as part of the country’s forward plan to combat power deficiency,” McIver.

The merging plans between government and Tlou Energy are cemented by signing of an initial five-year 10MW power purchase agreement (PPA) between Botswana Power Corporation (BPC) and Tlou.

The development has seen the company embark on sustained gas flows, commencement of construction of the 100km overhead power lines to connect Lesedi to the BPC grid and acquisition of land in the Lesedi project area, where work is underway on developing a new purpose-built operations facility, including accommodation and associated infrastructure.