HomeIndustry SectorsBusiness and marketsOld Mutual Zimbabwe applies and to construct and operate power plant

Old Mutual Zimbabwe applies and to construct and operate power plant

Old Mutual Life Assurance Company have applied to the Zimbabwe Energy Regulatory Authority (ZERA) to construct, own, operate and maintain their own power plant at their head office.

Old Mutual intends to construct a modest 648kW solar photovoltaic power plant at its headquarters in Harare. The company has also applied to ZERA for a license allowing it to sell the surplus in terms of electricity licensing regulations issued in 2008 allowing private stations to connect to the grid.

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In a statement, ZERA said it had received an application from Old Mutual for the power plant at its head office in Emerald Hill mainly for its own consumption, but with a connection to the grid through a 2,4km line to the Dorset 33/11kV substation or a 10km line to the Pomona 132/33/11kV substation in Harare.

Old Mutual joins a number of corporates that have installed solar power plants at their headquarters although it is one of the first to look at selling the surplus to Zesa.

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Schweppes Zimbabwe Limited has also indicated plans to install a slightly larger 1MW photovoltaic rooftop power plant at its premises in Harare.

Lumigar Solar plans to construct a 65MW plant at Cactus Hill Farm in Chegutu and Zhenje Solar Park plans to have a 33MW solar power plant at Makokoro in Seke District.

Nomvuyo Tena
Nomvuyo Tena is a Content Producer at Clarion Events Africa and is as passionate about the energy transition in Africa as she is about music and Beyonce.