Renewable independent power producer · Zambia

Firm, dispatchable hydropower for Zambia and Southern Africa

Ngoli Energy is a renewable independent power producer developing, owning and operating hydropower assets across Sub-Saharan Africa, with a 280MW portfolio of late-stage, ready-to-build and early development projects.

Explore our projects About Ngoli

280MW

Total portfolio capacity

Hydropower projects in Zambia

40–70%

Capacity factors

~1.2TWh

Combined annual generation (P50)

Why hydropower

Hydro complements solar

As Zambia and the Southern African Power Pool (SAPP) rapidly add solar capacity and approach a “solar cliff”, hydropower’s firm capacity and grid stability complement solar’s low-cost generation. Ngoli will pair both to deliver a balanced, round-the-clock fleet.

Firm, dispatchable baseload

Run-of-river and regulating-weir designs deliver schedulable generation with capacity factors of 40% – 70%.

Grid stability

Hydropower provides the inertia and flexibility the grid needs as intermittent solar PV grows.

Regional reach

Projects are structured to wheel power through ZESCO and the SAPP to industrial offtakers across the region.

Portfolio

Four hydropower projects, 280MW

Late-stage, ready-to-build and early development projects across Zambia, each structured to deliver firm baseload power to national and regional markets.

All projects

Hydropower

35MW

Luchenene

Shovel-ready

Muchinga Province, north-east Zambia

A 35MW high-head hydropower facility with an approved ESIA and a signed Implementation Agreement, targeting financial close in Q4 2026.

FID target: Q4 2026
Annual output: ~312 GWh combined

View project

Hydropower

49MW

Mutinondo

Shovel-ready

Muchinga Province, north-east Zambia

A 49MW hydropower facility currently negotiating EPC and PPA contracts, with a signed Implementation Agreement and FID targeted for Q1 2027.

FID target: Q1 2027
Annual output: ~312 GWh combined

View project

Hydropower

80–118MW

Mulembo Lelya

Late-stage development

Zambia

A late-stage, high-head hydropower plant harnessing the Mulembo and Lelya rivers, in final PPA negotiation with FID targeted for Q2 2027.

FID target: Q2 2027
Annual output: ~410–426 GWh

View project

Hydropower

80MW

West Lunga

Feasibility

North-Western Province, Zambia

A four-station, run-of-river scheme on the West Lunga River delivering 80MW across four phased 20MW stations, with FID targeted for Q4 2027.

FID target: Q4 2027
Annual output: ~500 GWh

View project

Roadmap

Financial close pathway

Final Investment Decision targets across the portfolio, from Q4 2026 through Q4 2027.

FID Q4 2026
Luchenene
35MW · Shovel-ready
FID Q1 2027
Mutinondo
49MW · Shovel-ready
FID Q2 2027
Mulembo Lelya
80–118MW · Late-stage development
FID Q4 2027
West Lunga
80MW · Feasibility

Leadership

Experienced founders

Collective institutional experience across leading global financial, energy and utility platforms.

Meet the team

Siyanga Malumo

Co-Founder & Chairman

Goleele Mosinyi

Co-Founder & Managing Director

Ezekiel Kasaro

Co-Founder & Head of Project Development

Partner with Ngoli Energy

We work with investors, lenders, offtakers and EPC partners to bring firm, dispatchable renewable power to Zambia and the Southern African Power Pool.

Get in touch View the portfolio