KPI Green Energy, Botswana partner for $4bn renewable energy development

KPI Green Energy Limited, part of the KP Group, has signed an MoU with the Government of Botswana's Ministry of Minerals and Energy. This collaboration will focus on renewable energy generation, storage, and transmission infrastructure. The partnership aims to strengthen Botswana's energy security and position it as a clean power exporter by 2030, involving an estimated capital investment of around $4 billion to increase Botswana's renewable energy capacity to nearly 5 GW.

The MoU also includes provisions for upgrading and constructing high-voltage transmission lines within Botswana and strengthening interconnections with neighboring countries for regional power transmission. Additionally, KP Group will fund 30 annual scholarships for Botswana citizens to pursue education and skill development in renewable energy, engineering, sustainability, and related fields.

This strategic expansion represents KP Group’s commitment to utility-scale clean energy projects in emerging markets, diversifying Botswana's energy mix, and reducing its reliance on fossil fuels. Dr. Faruk G. Patel, chairman of KP Group, emphasized the shared vision to accelerate the energy transition and create long-term economic value through significant investments.