Centragrid, the project company for developer African Transmission Corporation (ATC), is in the final stages of commissioning the second phase of its Nyabira solar PV plant in Zimbabwe, in a significant step for a country that is hoping IPPs might help to solve an enduring power crisis.
The Centragrid Nyabira plant is Zimbabwe’s first utility-scale solar project wholly funded by domestic capital. ATC founder and director Victor Utedzi spoke to African Energy about the challenges overcome by the project’s second phase and the developer’s plans for phase three.
Issue 514 - 09 October 2024
Reforms to the way multilateral financial institutions approach project finance could help overcome some of the most intractable barriers to the electrification of Africa, including fears of default and high project financing costs which drive away many potential investors. To be meaningful, changes need to be principled and generally applicable, while also anchored in the often-messy reality of doing business across the continent.
African Energy is publishing the first in a series of white papers on how this problem might be solved in a way which recognises Africa’s needs and the capabilities of institutions, without introducing moral hazard.
Issue 512 - 18 September 2024
Renewable energy, Thermal energy, Strategy & risk, Finance & investment
Our first white paper is on Extending political risk mitigation for African project finance.
We welcome your comments and feedback.
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