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Renewables could potentially reduce Zimbabwe's electricity import bill

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Seven new solar energy plants to connect to Zimbabwe’s grid this year

Zimbabwe is targeting to have renewable energy (excluding large hydro) constitute 26.5% of its total electricity generation capacity by 2030.

Zimbabwe is expecting to connect seven new solar energy plants to the grid this year. This is according to a list of independent power producers (IPPs) released by Zimbabwe’s energy regulator, the Zimbabwe Energy Regulatory Authority (ZERA) this week. 

We are happy with the pace of development particularly among the renewable energy projects

Edington Mazambani, Chief Executive Officer of ZERA

Seven solar PV projects with a combined energy capacity of 66.6MW are at an advanced stage of construction with projections of grid connection this year. In addition to the solar projects, one coal fired plant under construction is set to bring in 50MW to the grid as well.

The new power capacity will be key in helping Zimbabwe in its quest to ensure energy security and reduce its reliance on electricity imports from its neighbours, South Africa and Mozambique.

“We are expecting seven power plants to come on line by the end of year, this is a clear signal that we do have robust regulations that protect the investor and the consumer as well. As you are aware, energy is a key enabler of economic development,” said Edington Mazambani, the Chief Executive Officer of ZERA.

Zimbabwe’s under explored renewable energy potential

Zimbabwe published its National Renewable Energy Policy (NREP) early last year in a bid to woo international investment into its energy sector. The country is targeting to have renewable energy (excluding large hydro) constitute 26.5% of its total electricity generation capacity by 2030. 

The country is offering 5 year tax breaks to renewable energy investors, as well as duty free incentives for importation of equipment including solar panels and inverters.

Zimbabwe has enormous potential for renewable energy that is largely under explored. Investor skepticism is touted as one the hindering factors to the country’s potentially worthwhile renewable energy sector. The country has potential to generate energy from solar, hydro, biomass and, to a limited extent, wind and geothermal.

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