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Economy

Facilitate investments in the energy sector by both public institutions and independent power producers (IPPs) in order to ensure consistent availability of efficient and affordable energy to all citizens.

Kept

Renewable Energy Fund

https://www.afrik21.africa/en/zimbabwe-a-special-fund-will-mobilize-45-million-for-renewable-energy-in-2022/

    

Jan. 27, 2022

The government of Zimbabwe has established a Renewable Energy Fund with the help of the UN Fund for Sustainable Development Goals (REF). This plan will entice investors to invest in hydropower, solar electricity, and biomass. In April 2022, the execution of this renewable energy funding initiative will begin. This project would also boost the country's installed capacity at a time when the state-owned Zimbabwe Electricity Supply Authority (ZESA) is only delivering 1,600 megawatts of power out of a demand of 2,000 megawatts.

Previous Updates

Energy infrastructure development

https://www.herald.co.zw/cabinet-briefed-on-infrastructure-projects/ https://www.veritaszim.net/node/5146

    

July 7, 2021

Pertaining the Harava Solar Power Plant, installation of the 6 MW Solar Panel has been completed. Solgas Solar Power Plant, the nation is informed that 5 MW photovoltaic solar panels were installed. Earthing equipment for the power plant was completed, 28 High Voltage Transmission interconnector completed and substation equipment is being delivered from China for installation.

66 MW of new PV projects

https://www.pv-magazine.com/2021/07/01/zimbabwe-announces-66-mw-of-new-pv-projects/

    

July 1, 2021

The Zimbabwe Energy Regulatory Authority (ZERA) reported that seven solar PV projects with a combined capacity of 66.6 MW are now in advanced stages of construction and are expected to be grid-connected by end of this year.

Government licenses 80 IPP projects

https://www.newsday.co.zw/2021/04/government-licenses-80-ipp-projects/

    

April 9, 2021

Government has so far licensed 80 independent power producers (IPPs) projects who could add a total of 7 000 megawatts to the national grid, more than three times the national requirement.

Memorandum of Understanding between the Republic of Zimbabwe and the Russian State Atomic Energy Corporation

https://www.veritaszim.net/node/4917

    

April 13, 2021

Cabinet approved the Memorandum of Understanding between the Republic of Zimbabwe and the Russian State Atomic Energy Corporation. The Memorandum seeks to facilitate higher level cooperation between the two countries in the use of nuclear energy.

Seventy-percent (70%) completion of construction of two units that will add 600 megawatts (MW) to the national grid from Hwange.

Sunday Mail

    

Sept. 13, 2020

The construction of two units that will add 600 megawatts (MW) to the national grid from Hwange Power Station is 70 percent complete, while various investors in the same area are at different stages of building power plants that will contribute in excess of 3 000MW in the medium term, Energy and Power Development Minister Zhemu Soda has said.

 

Approval of the Principles for the Proposed Amendment to the Electricity Act [Chapter 13:19]

Herald

    

Feb. 5, 2020

Cabinet considered and approved the Principles for the Proposed Amendment to the Electricity Act [Chapter 13:19] to introduce Stiffer Penalties for Crimes Related to Electricity Theft, the Destruction of and Tampering with Electricity Infrastructure, which was presented by the Minister of Energy and Power Development.

Electrification of 42 institutions (schools, clinics and service centres) and homesteads in rural provinces.

Herald

    

Dec. 18, 2019

42 institutions (schools, clinics and service centres) and homesteads were electrified in rural provinces.

Installation of 6,384 Prepaid meters country-wide

Herald

    

Dec. 18, 2019

6,384 prepaid electricity meters were installed countrywide

Connecting to the grid and Installation of prepaid meters at 31 of the 35 targeted institutions in rural areas.

Herald

    

Dec. 11, 2019

Under the Rural Provinces Grid Extension projects, 31 of the 35 targeted institutions comprising schools and clinics have been grid electrified, with prepaid meters connected.

Installation of 404 out of 2000 meters under the Smart Metering Project

Herald

    

Dec. 11, 2019

Under the Smart Metering Project, 404 out of the targeted 2 000 smart meters configured with GSM sim cards have been installed;

Engagement of India into energy Investment

EBusinessWeekly

    

Nov. 22, 2019

India is ready to extend nearly half a billion United States dollars to support three key power projects in Zimbabwe, an Indian diplomat has revealed, adding the concessional loans either awaited signatures of parties or project tenders. At Hwange Power Station, for which the largest chunk of the loan facilities is earmarked, advanced age, technical problems due to neglect of maintenance, parts replacement and failure to upgrade have made the plant prone to frequent breakdowns.

Zimbabwe gets loan to boost electricity supply

TheZimbabwean

    

Aug. 13, 2019

Zimbabwe has secured two loans of more than USD$42.5m (£35.3m) from India to boost the generation of electricity in the country, the state-run Herald newspaper reports.

The Zimbabwe Power Company to reduce the country’s electricity import bill by increasing production.

financial gazetteco.zw

    

Oct. 25, 2018