ARC Power has signed a FUSE Agreement with Kiyona Energy, targeting an initial US$60m investment, marking a significant step forward in accelerating solar generation infrastructure across Zambia. The agreement is designed to deliver more affordable, reliable, and clean power to communities and businesses throughout the country.
FUSE – the Framework Agreement for Utility Scale Electrification – is ARC Power’s innovative commercial and operational model for grid concessions that embeds smart technology from the outset to attract and deploy private capital. With the support of the International Finance Corporation (IFC), the FUSE model provides a pre-financed, scalable framework that removes the most significant barriers to energy access in Sub-Saharan Africa, including funding limitations, infrastructure capacity, and utility delivery constraints.
The agreement with Kiyona Energy will focus on expanding solar generation capacity, connecting homes and businesses to a more resilient and sustainable grid. By integrating grid-tied solar at scale, the partnership aims to reduce reliance on costlier and less sustainable generation sources, improving energy affordability and reliability for end users.
With IFC’s support, the FUSE Agreement is structured to scale and evolve in alignment with Zambia’s national energy plans, providing the flexibility to respond to growing demand and changing grid conditions over time.
Karl Boyce, CEO of ARC Power, said:
“This agreement with Kiyona Energy is the start of what we expect to be a long-term and highly impactful partnership in Zambia. The FUSE model is specifically designed to grow with the market – it provides the structure and flexibility to scale investment in solar generation in a way that is aligned to Zambia’s energy plans and the real needs of communities and businesses on the ground.
We have the foundation to move quickly and scale responsively, aligned to Zambia’s Mission 300 targets. This is not a one-off project – it is the first step in a long-term programme to accelerate affordable, clean, and reliable power across Zambia.”
About FUSE
FUSE – the Framework Agreement for Utility Scale Electrification – is ARC Power’s commercial model for delivering grid concessions embedded with smart technology from the outset. Designed to attract private capital and enable scalable electrification, FUSE supports long-term grid expansion and resilience without requiring upfront capital from government or utility partners. More information is available at www.arcpower.co/innovation/fuse.
About ARC Power
ARC Power was founded with a clear mission: to deliver reliable, sustainable energy to communities across Sub-Saharan Africa – power that unlocks industrial growth, creates jobs, enables entrepreneurship, and drives economic transformation. Today, ARC Power is pioneering a new era in the African energy sector, delivering innovative, utility-scale electrification solutions that provide first-time power access to millions while supporting governments in achieving universal electrification at speed and scale.
About Kiyona
Kiyona Energy Limited is a renewable energy company and subsidiary of ZESCO Limited established to develop, finance, own, and operate clean energy projects across Zambia. The company is spearheading the country’s transition towards a more sustainable and diversified energy mix through the development of utility-scale solar photovoltaic plants and other renewable energy initiatives.
Kiyona Energy is committed to supporting the Government of Zambia’s energy security objectives by expanding generation capacity, increasing access to affordable and reliable electricity, attracting strategic investment, and contributing to socio-economic development. Through innovative partnerships and sustainable energy solutions, Kiyona Energy is helping power Zambia’s green growth agenda and building a more resilient energy future for communities, businesses, and industries nationwide.
Media Contact
Jose Luis Ortega Moreno, Executive Assistant to the CEO, ARC Power
Email: [email protected]
Mob: +447708979364
