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Stardust Solar signs deal for 30MW transmission infrastructure in Zambia, advancing its solar project.

Company Fundamentals
12 May 2026
Newsfile Corp
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Bullish
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Stardust Solar Energy has signed a Letter of Intent with Gamma Power Systems to build the 30MW transmission lines and substation for its planned solar power plant in Zambia. This infrastructure deal, valued at about US$750,000 including VAT, allows Stardust Solar to directly own and control critical grid connection assets, enhancing long-term operational control and potential revenue through connection fees or resale. The project supports a 20-year Power Purchase Agreement and positions Stardust Solar as a vertically integrated renewable energy company with tangible infrastructure assets. Future plans include possibly selling the infrastructure to Zambia's national utility, ZESCO, to recover investment costs.

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