On the vast grasslands of Zambia, ample sunshine is transforming from a natural gift to a driving force for development. This land, which has the world's richest solar energy resources, is attracting the attention of more and more global capital. In February 2026, a news from India added another variable to the African photovoltaic landscape - Inox Clean Energy Company and RJ Group joined forces to form a joint venture platform, with the goal of deploying over 10GW of photovoltaic installations in Africa. A new energy competition is slowly unfolding on the African continent.

50:50 Joint venture platform officially launched

On February 13th, Inox Clean Energy Company and RJ Group officially announced that they have formed a joint venture with each holding 50% of the shares to jointly build an integrated renewable energy platform for the African market. At the same time, the joint venture has completed the acquisition of SkyPower Services MENA in the Middle East and North Africa region, thereby acquiring core assets for the independent power generation platform.

It is reported that this new platform is not starting from scratch, but is steadily advancing based on existing project reserves of several GW levels. These projects have all signed power purchase agreements, the land has been secured, and the supporting power transmission infrastructure has been improved, so there is no need to invest too much effort in preparing for the preliminary work. This means that the new platform will directly enter the fast lane of project construction and seize the golden window period of the African photovoltaic market.

Zambia, Zimbabwe, and the Democratic Republic of Congo have become the main battlefields

From the perspective of market layout, this new business will focus on high growth markets in Africa such as Zambia, Zimbabwe, and the Democratic Republic of Congo. These regions have unique photovoltaic resources - abundant sunshine throughout the year, while the demand for electricity continues to rise, providing ideal conditions for the landing of photovoltaic projects.

Zambia and other countries are currently facing a tight power supply situation, with a high dependence on hydropower and a prominent problem of insufficient power supply during the dry season. Photovoltaic power generation can not only fill the electricity gap, but also optimize the energy structure and reduce dependence on a single energy source. This is precisely the underlying logic behind international capital's preference for these markets.

570MW initial launch, 2.5GW mid-term, 10GW final launch

According to the specific promotion plan, the independent power generation platform has formulated a clear three-step strategy. The first phase goal is to add 570MW of photovoltaic installed capacity, and the related projects are expected to start construction in the coming months, marking the official entry of the platform into the physical construction phase.

In the medium term, the platform plans to achieve a photovoltaic installed capacity of 2.5GW before the 2029 fiscal year, steadily approaching the overall goal of 10GW. This rhythm reflects both a rational judgment of the market's ability to absorb and the long-term determination of investors to deeply cultivate Africa. Keywords: Photovoltaic New Energy News, Photovoltaic New Energy Information

Devansh Jain, Executive Director of Inox's parent company, INOXGFL Group, stated, "The African photovoltaic market holds enormous potential and untapped opportunities. In addition to our planned 570MW first phase project, there is still great growth potential in the future, and we will continue to cultivate this market. ”This statement is not only a statement of confidence in the African market, but also an advance layout for future competition. (This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website new energy column editor/Yang Beihua