First Large Scale, Grid-connected Solar PV on the way in Malawi

CQC is pleased to announce that its partnership with Malawian business interests in Atlas Energies to build the first large scale grid-connected Solar PV achieved major milestones of signed terms sheet for 100MW of Solar PV with a storage option, and allocation for a 45MW solar PV plant near Lilongwe and a signed sovereign support agreement to cover counter-party credit and convertibility risk. Atlas Energies is partnering with ibvogt of Germany as the designer, EPC contractor, and finance arranger for the project.