By Kondanani Chilimunthaka
The first ever solar power plant in Malawi has been officially inaugurated which has added 60 MegaWatts to the hydro electric power that Malawi has been using.
Speaking during the official inauguration in Salima on Tuesday, November 16,2021, President Lazarus Chakwera said “the JCM PV solar power plant is demonstrating that the country is the attractive destination for investors including private sector”, adding that it speaks volume of peaceful environment and strong regulatory framework that guarantee the security of direct foreign investments of projects like that of JCM.
Chakwera who owed the completion of the project to the sustainable peace in the country, which has seen the project going uninterrupted across three administrations since 2013, said his administration remains committed to sustain the peace while convincing more foreign investors to come to Malawi.
But President Chakwera lamented on the slow pace that important projects to the nation are taking, saying Malawi cannot afford to have such projects having full financial support taking so long from their conception to completion.
Here Malawi leader told the nation that there is need to expedite the process of scrutinizing all prospective Independent Power Producers who have already expressed interest to invest in the energy sector in the past two years, so that successful investors are considered, adding that such projects as JCM Solar Plant are models of the green future in the fight against Climate change challenges.