United Kingdom (UK)-based Echo Eight Investments Limited is seeking a power deal with Zambia to deploy 5,000MW of renewable energy projects within six months of receiving the necessary approvals, according to a report by Zambia Mail.
David Green, the founder of Echo Eight, stated that the firm has access to immediate capital and is prepared to invest in solar, hybrid and advanced energy storage technologies.
The initiative will incorporate patented 3D solar panels and rooftop wind units designed to boost efficiency and reduce environmental impact, Mr Green added.
This announcement was made during a high-level meeting with a Zambian delegation led by Energy Minister Makozo Chikote at the Zambian mission in London.
Zambia’s Energy Minister welcomed Echo Eight’s proposal, highlighting the country’s need for investors capable of delivering swift and impactful solutions.
He invited Echo Eight Investments Limited to establish clean energy initiatives in Zambia as part of the government’s efforts to end load-shedding and strengthen national energy security.
Source:https://energynewsafrica.com
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