The Infrastructure Development Bank of Zimbabwe (IDBZ) says it is shelving two solar power projects of a combined 45MW because of ZESA’s poor transmission infrastructure.
IDBZ will no longer pursue the 15MW Tjibundule solar...
Prospect Resources, the Australian-listed company developing the Arcadia lithium mine in Zimbabwe, has opened bids for investors willing to fund the project.
Prospect says it has received “multiple enquiries” from “a range of international...
A currency dispute between an independent power producer and power utility ZESA shows how regulatory hurdles continue to dim prospects for private energy investment in Zimbabwe.
ZESA is awaiting the outcome of international arbitration...
Zimbabwe plans to build a second US$1.3 billion oil pipeline to supply fuel into the country and the region, a deal that would end years of lobbying and rivalry between powerful oil interests.
Zimplats has applied for a licence to install close to 200MW of solar power to feed operations at Ngezi and Selous, where it is spending US$290 million in additional investment to grow platinum output.
The Industrial and Commercial Bank of China (ICBC), the world's largest bank by assets, has come under pressure to withdraw funding from Zimbabwe’s planned 2,800MW coal-fired power plant at Sengwa.
This leaves what...
Zimbabwe faces prolonged power outages after a surge from South African electricity imports overloaded its network and caused generating plants to fail, Energy Minister Zhemu Soda said.
The surge caused a nationwide blackout in...
Zimbabwe expects 100 megawatts of electricity to be added to the national grid from renewable energy projects by the end of this year, with an additional 50MW in thermal power, a government minister said on Tuesday.
Distributed Power Africa (DPA), the renewable energy arm of Econet Global, has announced a partnership with Huawei Smart Energy to deploy hybrid solar solutions for the Africa market, including in Zimbabwe.
Under the deal,...
Where is Old Mutual, one of the country’s biggest investors, putting its money?
Back in February, Sam Matsekete, CEO of Old Mutual Zimbabwe, listed some of the sectors where he said his company was...
