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Stardust Solar Energy Selects Gamma Power for Zambia 30MW Solar Project Transmission Infrastructure Build, Establishing a Major Milestone and Strategic Utility Asset Ownership
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - Stardust Solar Energy Inc. (TSXV:...
About this update from Stardust Solar Energy Inc.
[{"type":"text","content":"Stardust Solar Energy Selects Gamma Power for Zambia 30MW Solar Project Transmission Infrastructure Build, Establishing a Major Milestone and Strategic Utility Asset OwnershipVancouver, British Columbia--(Newsfile Corp. - May 12, 2026) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) (\"Stardust Solar\" or the \"Company\"), a globally expanding renewable energy company, announces that it has signed a Letter of Intent (\"LOI\") with Gamma Power Systems Limited (\"Gamma Power\"), engaging them as the selected vendor for the 30MW transmission lines and substation infrastructure for the Company's planned 30MW solar power plant in Zambia. The LOI confirms Stardust Solar Energy's formal acceptance of Gamma Power's pricing and technical proposal for the engineering, procurement, and construction of the 30MW transmission infrastructure package, marking a major advancement toward the Company's utility-scale project execution and infrastructure ownership in Zambia. The transmission line and substation package represents the complete grid interconnection infrastructure required for the full 30MW solar facility. The infrastructure package carries an estimated cost of approximately US$646,452 plus 16% VAT, representing a total anticipated infrastructure investment of ~US$750,000, and adding tangible utility-scale energy infrastructure assets to Stardust Solar Energy's balance sheet. Importantly, Stardust Solar Energy is engaging Gamma Power directly outside of its local franchise entity, allowing the Company to directly own and control the transmission lines and substation infrastructure. This structure provides Stardust Solar with another layer of enhanced long-term controls over the critical transmission infrastructure required for the grid connection of the Company's planned 30MW solar power plant facility. The Company's transmission infrastructure plans also provide several strategic long-term monetary opportunities, including the Company's agency to charge connection fees for the use of the transmission line, the infrastructure-backed asset growth that may contribute to potential future financing or energy generation opportunities in the region, or the opportunity to resell the infrastructure to potential buyers such as the local state-owned utility or other energy resellers.\"Initiating the full critical transmission...