The REFiT Strategy provides an allocation of 200MW for small- to medium-scale projects with a maximum size of 20MW, to be procured over a period of three years.
Government has launched a 20 Mega Watts Renewable Energy Feed-in Tariff (REFIT) Strategy aimed at accelerating private investments in small and medium sized renewable energy projects in Zambia.
Chola revealed that the government approval of the renewable energy feed in tariff strategy to be launched later this year would help in promoting renewable energy technologies in the country as well as assist in the diversified energy mix.
On Tuesday, the United States Agency for International Development (USAID) and the Zambian Ministry of Mines, Energy, and Water Development marked the final stages in the development of Zambia’s Renewable Energy Feed-In Tariff (REFIT) mechanism, the Lusaka Times reported.
The Minister disclosed that government has also embarked on the preparation of the Renewable Feed-In Tariff (REFIT) policy to develop mechanisms to operationalize the policy on renewable energy.
THE Government in collaboration with the United States Agency for
International Development (USAID) has developed the Renewable Energy Feed-In-Tariff (REFIT) policy for Zambia. This is aimed at creating an enabling environment for both public and private investors to effectively participate in the development of the renewable energy sector.