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Soventix South Africa, a subsidiary of German solar project developer Soventix GmbH, has won a contract to construct a solar photovoltaic park. The 22MWp Harava project, which will be developed on 40 hectares of land in the village of Bwoni in Seke district, south-west of Harare, is being funded by Botswana-based Invest Solar Africa, Soventix announced on 10 October.

Zimbabwe
Issue 377 - 28 September 2018

Bold reforms required for new Zimbabwe

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While President Emmerson Mnangagwa has worked hard to attract investment through his “Zimbabwe is open for business” campaign, critics say his government has offered no significant economic reforms besides the annulment in April of a controversial 2008 law requiring foreigners to cede 51% of their business to indigenous Zimbabweans.

Zimbabwe
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Cyprus-based Karo Mining Holdings will partner Mauritian independent power producer Argentum Energy to roll out a phased 300MW solar power plant in the Chegutu platinum mining area. Karo is developing a large-scale, vertically integrated platinum group metals (PGM) mining complex, which will include a platinum mine, a refinery and a coal mine. The project is being developed in partnership with the government of Zimbabwe under an Investment Project Framework Agreement signed on 22 March 2018.

Zimbabwe
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US-based investment firm Persistent Energy Capital has injected $1m into Zonful Energy, one of Zimbabwe’s fastest-growing off-grid energy companies. The partnership will give Zonful access to Persistent’s technical and advisory support in finance, financial management and information technology (IT). Persistent’s partner company Catalyst is already working with Zonful to build IT infrastructure to support the company’s ambitious growth plans. The has enabled Zonful to unlock a matching grant of $1m from the Africa Enterprise Challenge Fund (AECF).

Zimbabwe
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Two solar photovoltaic (PV) projects totalling 250MW in Zimbabwe have been advertised for sale through the Andorra-based renewable energy consultancy VERD QI. Co-developers are sought for a 150MW PV project under development in Matabeleland North Province and for a 100MW project in Plumtree, Bulilimamangwe District, Matabeleland South Province, at the border with Botswana.

Zimbabwe
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Econet Wireless Zimbabwe is installing a 0.45MW solar plant at its Willowvale offices in Harare as its sister company Distributed Power Africa (DPA) rolls out $250m of investment to provide solar energy for industrial, commercial and domestic use. The Zimbabwe Energy Regulatory Authority granted Econet a 25-year licence in March to construct, own and operate a solar power plant.DPA is part of Cumii Technologies, a subsidiary of the Econet Group.

Zimbabwe
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The Zambezi River Authority (ZRA) has shortlisted three international contractors for the spillway rehabilitation of the Kariba dam – China Gezhouba Group Company Limited, GE Hydro France and an Italian joint venture of CMC di Ravenna and ATB Riva Calzoni.The prequalified companies will be invited to bid for the works tender, marking the final lap of the spillway rehabilitation procurement process. The tender closes on 21 June, and the contract is expected to be awarded by Q4 2018.

Zambia | Zimbabwe
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The Africa Enterprise Challenge Fund (AECF) has made $6.5m available through its Renewable Energy and Adaptation to Climate Technologies (React) competition facility to fund small and medium-sized energy companies to accelerate access to renewable energy in rural Zimbabwe.The funds are part of the $48m released by the Swedish International Development Cooperation Agency (Sida) to finance React projects in seven countries in sub-Saharan Africa.The funding to Zimbabwe is the second disbursement by AECF in less than a year.

Zimbabwe
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President Emmerson Mnangagwa on 28 March inaugurated the Kariba South Power Station Extension, adding 300MW to the national grid from new units 7 and 8. Kariba South was commissioned in 1962 with an installed capacity of 666MW and subsequently upgraded to 750MW. The extension brings its total capacity to 1,050MW. “Currently, the average maximum daily power demand is about 1,600MW, against a backdrop of an average internal generation capacity of about 1,200MW, resulting in a deficit in supply of about 600MW, which is met through importation.

Zimbabwe
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Independent power producer Nyangani Renewable Energy has commissioned the company’s first solar mini-grid, Riverside Solar Power Station, with capacity to produce 2.5MW of electricity. Built at a cost of $3.5m in Mutoko district in south-eastern Zimbabwe, the solar farm will supply 4,700MWh/yr to the national grid. The first phase has been built on one quarter of the available land, and the entire project, which is divided into four phases, will eventually generate 10MW.

Zimbabwe
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The Programme for Infrastructure Development in Africa (Pida) plans to float a diaspora bond in Zimbabwe and Zambia to raise part of the funding required for the construction of the 2,400MW Batoka Gorge hydroelectric power plant in the Zambezi River Basin. The Zambezi River Authority (ZRA) will visit Ethiopia in March to study and replicate how the country has used the bonds to fund the construction of its 6,000MW Grand Renaissance Dam. ZRA is a statutory company jointly owned by Zimbabwe and Zambia.

Zambia | Zimbabwe
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In an economy where only 20% of the population has access to sustainable, modern energy services, even according to government data, access campaigners see considerable upside for pay-as-you-go (PAYG) solar solutions. The Power for All Zimbabwe advocacy group sees huge potential, but estimates the off-grid sector’s market penetration at only 3%. According to sources canvassed by African Energy, the limited availability of finance for operators and consumers is stifling the sector’s potential as Zimbabwe looks to significantly improve its services delivery in the post-Mugabe period.

Zimbabwe
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The interim government of President Emmerson Mnangagwa has modified the contentious Indigenisation and Economic Empowerment Act in a significant policy shift that will see the 51/49 indigenisation threshold being applied only to diamonds and platinum mining, leaving all other sectors of the economy open to investors of any nationality. The amendment was announced on 7 December in a budget statement by finance and economic development minister Patrick Chinamasa.

Zimbabwe
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The Zambezi River Authority (ZRA) says spillway refurbishment works for the Kariba dam have entered the procurement phase, with a tender expected to be launched in December, paving the way for the works contract to be awarded by mid-2018.ZRA chief executive Munyaradzi Munodawafa said progress on the Kariba Dam Rehabilitation Project (KDRP) was steady, with the plunge pool in the implementation phase and spillway refurbishment works under procurement.

Zimbabwe
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Off-grid solar start-up Zonful Energy says it has connected 3,480 households under a pay-as-you-go-solar credit scheme in rural Zimbabwe that is being rolled out from a $50,000 loan sourced from US non-profit lender Kiva. Chief executive William Ponella said his company, which launched the country’s first known pay-as-you-go-solar credit scheme in March in partnership with mobile giant Econet Wireless, aimed to switch on about 380,000 households by 2020.

Zimbabwe