Zambia Signs 1,000MW Solar Energy Deal with Chinese Investors
The Government of the Republic of Zambia has signed a landmark Memorandum of Understanding (MoU) with China Pingmei Shenma Holding Group Company Limited and LONGi Green Energy Technology Company Limited to develop large-scale renewable energy projects, with a primary focus on solar power.
The agreement, witnessed by President Hakainde Hichilema, was signed at State House by Minister of Energy, Mr Makozo Chikote, on behalf of the Zambian Government. LONGi Middle East and North Africa (MENA) Region President, Mr James Jin, and Golden Sun Chairman, Mr Shi Tao, signed for their respective companies.
The MoU establishes a framework for cooperation on renewable energy projects across Zambia and paves the way for investment in up to 1,000 megawatts of solar power, marking a significant milestone in the country’s efforts to diversify its energy mix and strengthen energy security.
The agreement follows President Hichilema’s State visit to China in 2025, during which he engaged with potential investors and invited them to participate in Zambia’s energy sector. The initiative forms part of Government’s broader strategy to promote sustainable development, attract foreign direct investment, and build climate-resilient infrastructure.
Speaking during a meeting with a delegation led by LONGi Founder, Mr Li Zhenguo, President Hichilema described the agreement as a positive development for Zambia and a reflection of the growing and mutually beneficial relations between Zambia and China.
He said the planned investments underscore the shared commitment of both countries to advancing clean energy and sustainable development.
The President also expressed appreciation to Chinese President Xi Jinping for his leadership in promoting international cooperation that supports long-term development.
Mr Li said he was impressed by Zambia’s social stability, public safety, and the overall well-being of its citizens, noting that these factors make the country an attractive destination for long-term investment.
Minister Chikote said the MoU represents a major boost to Zambia’s renewable energy ambitions and will play a critical role in expanding electricity generation capacity through clean and sustainable sources.
“The agreement will support economic growth, job creation, and climate resilience, while reinforcing Government’s commitment to providing an enabling environment for investors and accelerating the implementation of renewable energy projects,” Mr Chikote said.
