The Geothermal Power Generation Project seeks to harness the geothermal potential of four confirmed sites in Eswatini. Geotechnical studies undertaken by the national utility company have confirmed the potential for commercial power generation at these locations. The national utility company will serve as the off-taker, providing a secure route to market for electricity generated by the project.
Project overview
Investment opportunity
The project offers an opportunity to invest in geothermal power generation to meet domestic electricity demand, reduce power imports, support sustainable energy production, and export surplus electricity to the Southern African Power Pool (SAPP).
Investment types sought
Project status
Development stage
Feasibility & due diligence
Current status / progress to date
Geotechnical investigations have confirmed geothermal potential at the proposed sites, and preliminary project development activities have been completed. The project is progressing through feasibility and due diligence stages, with further technical studies, project structuring and investor engagement planned as the next steps.
Additional project information
- Lead agency
- Eswatini Electricity Company
Expected impact
Economic & development benefits
- Reduces power imports
- Creates jobs across the energy value chain
- Supports industrialisation through increased and reliable power supply
Climate & resilience benefits
- Diversifies Eswatini’s energy mix through the integration of geothermal power
- Reduces reliance on fossil fuels and imported energy sources
- Supports the transition to a lower-carbon electricity system
- Enhances long-term energy security through renewable baseload power generation
Contact
Contact team
For more information about this project, please contact the Commonwealth Investment Platform team.