Key Highlights
- Botswana and KP Group have signed an MoU to jointly develop large-scale renewable energy generation, storage, and transmission infrastructure.
- The partnership involves an estimated $4 billion in investment and aims to increase Botswana’s renewable energy capacity to nearly 5GW.
- The initiative supports Botswana’s net-zero 2030 goal and positions the country as a regional clean power exporter.
The Government of the Republic of Botswana and KP Group have entered into a memorandum of understanding (MoU) to jointly develop large-scale renewable energy projects, including power generation, energy storage, and transmission infrastructure.
The agreement establishes a framework for joint planning, development, and execution of renewable energy and associated transmission projects. It is designed to strengthen Botswana’s energy security and position the country as a clean electricity exporter in the Southern African region.
The MoU was formalised between Botswana’s Ministry of Minerals and Energy and KP Group, which includes KPI Green Energy, KP Energy, and KP Green Engineering.
$4 Billion Investment to Build Nearly 5GW of Renewable Capacity
The capital investment required for the renewable energy and infrastructure projects under the partnership is estimated at approximately $4 billion. Once implemented, the projects are expected to boost Botswana’s renewable energy capacity to nearly 5GW.
In addition to generating assets, the MoU includes plans to upgrade and build high-voltage transmission lines within Botswana. The initiative will also enhance cross-border interconnections with neighbouring countries, enabling regional power trade and improving grid resilience across Southern Africa.
Under the agreement, KP Group will oversee both technical and commercial development activities, including project design, feasibility studies, construction, commissioning, financing, and long-term operation and maintenance of renewable energy and storage assets.
Skills Development and Regional Clean Energy Exports
As part of the partnership, KP Group will fund 30 scholarships annually for Botswana citizens to support skills development and local capacity building in the clean energy sector.
Botswana’s Minister of Minerals and Energy, Bogolo Joy Kenewendo, described the MoU as a key milestone in the country’s energy transition.
“This memorandum of understanding marks an important step in Botswana’s transition towards a sustainable and secure energy future,” Kenewendo said. “Through this partnership with KP Group, Botswana seeks to accelerate clean energy deployment, strengthen regional power connectivity, and deliver long-term economic and environmental benefits, while also promoting skills development and local capacity building, through scholarships for Botswana citizens to support the clean energy transition.”
KP Group’s founding promoter and chair, Faruk G Patel, highlighted Botswana’s renewable potential and the broader regional impact of the collaboration.
“Botswana has immense solar and wind potential,” Patel said. “Together, we aim not only to support Botswana’s journey towards net-zero by 2030, but also to create long-term economic value through significant investments and enabling regional exports of clean energy.”