In a strategic move to propel the Democratic Republic of Congo (DRC) towards its renewable energy goals, Africa Finance Corporation (AFC) and SkyPower Global have inked a Joint Development Agreement for the initial 200MW phase of the Green Giant project. The collaboration is a step in materialising the landmark 1 000MW Solar Power Purchase Agreement (PPA) between SkyPower and DRC's state-owned utility, Société Nationale d’Electricité (SNEL).

The Green Giant project, initiated with the PPA signing with SNEL, reflects the DRC government's commitment to enhance electrification rates through renewable energy collaborations, AFC said in a statement.

The construction of the first 200MW phase is expected to begin in 2025.