Stardust Solar launches first Africa franchise

From the newsletter

Canada-based renewable energy franchisor Stardust Solar Energy has entered the African market with the launch of its first national franchise in Zambia. It becomes the third international energy company to enter the Zambian market in four months, as the country opens its power sector to private developers to help address its ongoing energy crisis.

• Earlier this month, energy developer AXIAN Energy entered the Zambian market by acquiring a 54 MW solar plant, while in June, Canadian off-grid firm Solar Panda expanded its operations by acquiring local company Vitalite. 

• Their entry reflects not only rising energy demand but also supportive policies. The government has approved more than 1,000 MW of projects for construction this year, with at least a third already completed.

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