Caledonia group mulls solar PV plant as Zimbabwe's unprecedented power crisis triggers a slowdown in the broader mining sector, with three other players allegedly bankrolling the state utility's emergency purchase of international power.
Zimbabwean mining firm RioZim has contracted Spanish-Japanese renewable energy company Univergy International and power firm RioEnergy to develop, build, operate and maintain four solar PV plants totalling more than 180MW capacity to supply cheaper power to four of the country's largest mines, according to a filing on the Zimbabwe Stock Exchange (ZSE).
Zimbabwean firm Karo Mining Holdings plans to build a 300MW solar project close to its new platinum mining operations west of Harare instead of its original plans for a 600MW coal-fired power plant, after discussions with the Zimbabwean government.
Emerging market project developer, owner and operator Access Power has announced the shortlist of winners for financing under its Access Co-Development Facility (ACF) fund, with solar forming the largest share of projects.
The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) has approved a US$965,000 grant to Oxygen Energy Private Limited to support the development of a 20MW off-grid solar rooftop project atop buildings owned and managed by Old Mutual Property Group Zimbabwe countrywide.