JCM Power is developing two solar photovoltaic (PV) power projects in Malawi. The projects range in size from 17.5MW to 40MW and are located in the central region of Malawi. The projects are in mid-stage development, having concluded prefeasibility studies, land acquisition, initial permitting and recently being awarded preferred bidder status as a result of ESCOM's competitive tender for the supply of solar PV power in Malawi. ESCOM will purchase the power generated from each system via 20-year power purchase agreements (PPA). JCM Power will be the long-term owner of each project upon reaching commercial operation in 2019.
This is the first energy project to be developed by an independent power producer (IPP) in Malawi. We are proud to work with the Government of Malawi in fast-tracking the IPP process.
Chief Development Officer, JCM Capital