Botala Energy's new 4MW solar project boosts Serowe Energy Hub

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Botala Energy Ltd (ASX:BTE) has been awarded a tender by the Botswana Power Corporation (BPC) to develop a 4MW solar power plant in Serowe, Botswana. The project is part of Botala's proposed Serowe Energy Hub. Botala leads the Serowe Solar Consortium, which includes Ngwato Development Trust, Base Agencies and OCEF Engineering Botswana. The project operates under a 25-year, CPI-linked Power Purchase Agreement (PPA). Botala will construct and operate the facility, holding a 49% stake. The project underscores Botala's commitment to community welfare, allocating 1% of its revenue to local social and community programs. The 4MW solar pilot project is a significant step in Botala’s diversified energy portfolio, complementing its proposed 20MW gas/solar hybrid in the same hub. Botala's future focus includes developing hybrid power stations within the Serowe and Leupane Energy Hubs. Projects include the 5-well gas pilot cluster and the expansion of the 4MW solar plant to a 10MW solar and 10MW gas hybrid. The Leupane Energy Hub aims to develop a 500MW solar/200MW gas hybrid and industrial park, with a feasibility study for the initial 250MW solar plant funded by AAAS Energy BV. #ProactiveInvetsors #BotalaEnergy #ASX #SolarPower, #SeroweEnergyHub, #Botswana, #RenewableEnergy, #PowerPurchaseAgreement, #CommunityDevelopment, #HybridPower, #EnergyProject, #SustainableEnergy, #NgwatoDevelopmentTrust, #BaseAgencies, #OCEFEngineering, #SolarConsortium, #EnergyTransition, #GreenEnergy, #CleanEnergy, #EnergyInnovation, #SolarPilotProject, #EnergyInfrastructure #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews