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KP Group has signed a deal with the Botswana government to work together on large renewable energy projects, including power generation, energy storage, and transmission.
The deets: under the MoU, KP Group and Botswana will jointly develop renewable energy projects worth about $4 billion (₹36,000 crore). The company will also fund 30 annual scholarships for Botswana citizens in renewable energy and related fields.
The why: the partnership supports Botswana’s goal of going net-zero by 2030. It will help boost renewable power capacity to almost 5 GW and upgrade transmission lines within the country, as well as links to neighbours for exporting clean energy.
The plan also focuses on training and upskilling local youth so they can take part in Botswana’s shift to clean energy.
Big picture: Botswana faces a serious power challenge as shortages are cutting up to 1% from its GDP each year, and demand from mining and growing cities is already higher than what the country can produce.
It also struggles with unreliable power, is highly dependent on coal, and must buy costly electricity from neighbours. Projects like these will help the country bridge this energy gap while helping it achieve its net zero goals.
Research Gate
