- Malawi secures K28 billion Solar Energy deal with the GEAPP.
- GEAPP will provide resources for the purchase of batteries.
Malawi president, Dr Lazarus Chakwera, currently attending the ongoing COP27 World Leaders Climate Change Summit in Egypt on Tuesday, has secured a K28 billion Solar Energy deal with the Global Energy Alliance for People and Planet (GEAPP) motivated by the sheer desire to alleviate energy and power problems in the country.
The energy pact signing ceremony between Malawi Government and the Global Energy Alliance took place on the sidelines of the Climate Change Summit in the land of Pharaohs, Egypt.
Malawi’s Energy minister Ibrahim Matola signed the agreement on behalf of the Malawi leader, President Chakwera, who was present at the signing ceremony, and the people of Malawi.
Under the agreement, the Global Energy Alliance will provide resources for purchasing batteries to back up solar power in Malawi.
President Chakwera said the deal would help Malawi to have sustainable power on the grid so that during peak hours and at night, the batteries will provide reliable backup power and will go a long way in solving Malawi’s energy woes.