ZANACO tackles load shedding with solar-powered ATMs, branches

ZANACO has announced the implementation of solar power solutions to supply energy to 70 of its ATMs and 16 branches nationwide, reducing its carbon footprint and supporting renewable energy.

Chief Operations Officer, Vincent Chuunga, stated in Lusaka in a statement on Thursday that the bank recognised the need for sustainable solutions that address both environmental concerns and the practical realities faced by Zambians amid ongoing drought-induced power outages.

“The installation of solar solutions for branches and ATMs not only enhances operational efficiency but also provides reliable banking services, especially in light of the challenges posed by load shedding,” Chuunga said.

He added that the bank was also offering financing options for alternative power solutions to help clients manage their energy needs.

“ZANACO’s solar finance solutions provide an innovative way for businesses and households to address load shedding impacts,” he said.

Chuunga highlighted the potential for cost savings and increased resilience.

He further emphasised the bank’s commitment to promoting a sustainable future for Zambia as the bank scales up its solar initiatives.

The solar-powered branches included Mazabuka, Senanga, Kitwe, Kasumbalesa, Maamba, Nakonde, Choma, Kafue, Mansa, Chisamba, Chirundu, Kazungula, Namwala, UNZA Agency, Makeni Agency, and Cairo Road Business Centre in Lusaka, alongside ATMs across the country.

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