Zimbabwe’s fuel import bill fell by more than 50% in 2020, from US$1.2 billion the previous year. Figures recently released by the Zimbabwe National Statistics Agency (ZImstat), capturing data up to November, show that fuel imports amounted...
Nhimbe Fresh, the fruit and vegetable exporter headed by former Kondozi Estate owner Edwin Moyo, has signed up South African renewable energy startup Sun Exchange to install 1.9MW of solar power for its cold store and packhouse facilities. The project...
Invictus Energy says it has started field operations in Muzarabani, as part of a programme leading to planned exploration drilling in 2021. The company has also raised additional funding for the preparatory work by placing more shares with Mangwana, the...
French renewable energy firm Voltalia has won the contract to build a 12MW solar power plant at Blanket Mine in Gwanda. Caledonia, Blanket Mine’s holding company, last month raised US$13-million from a share sale to fund the project, expected to...
Hwange Colliery says coal production rose 84% in the first half of the year, but old debts continue to weigh on plans by the country's oldest coal miner to reverse years of decline. In the six months to June, total...
Zimbabwe's energy regulator has allowed the state power company to increase tariffs by 50% from Thursday while another hike by the same margin would come into effect next month. The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) had already raised...
UK investment company Contango says it is in talks with two buyers for off-take agreements for coal products from its newly acquired Lubu coalfield in Hwange. Supply deals with CoalZim Marketing and South Mining would allow Contango to start production...
By Tom Hill Just over four years ago, Zimbabwe, the UK, and 194 other countries came together in Paris to reach an ambitious agreement to combat climate change and reduce global CO2 emissions. The UK is leading the way in building...
Invictus Energy can now start exploration at its Muzarabani project after the Environmental Management Authority (EMA) approved the company's Environmental Impact Assessment (EIA) plan. A certificate has been issued to Geo Associates, which is 80% owned by Invictus and is...
Energy company Distributed Power Africa (DPA) says it has secured 120MW of renewable power projects in Zimbabwe, with projects of over 30MW already deployed. The projects that have already been built or are at advancted stages include installations at...
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