The Zimbabwe Energy Regulatory Authority (ZERA) has granted a generation licence to a local consortium, Triangle Solar System (TSS) for the development of a 90MW solar power.
TSS, led by businessman Paradzai Chakona, will invest $88,1 million to develop and construct the solar plant, reports the Herald.
Zimbabwe is currently facing a shortage of electricity due to generation shortfalls and imports a significant amount of power mainly from neighbouring countries — Mozambique, South Africa and Zambia.
Power imports now constitute a significant foreign currency outflow and have put a strain on the foreign currency situation.
“It is a fact that ZETDC (Zimbabwe Electricity Transmission and Distribution Company) is importing power from neighbouring countries or regionally,” noted Chakona. “The project when commissioned, will significantly reduce the power import bill.”
Chakona further noted that the solar plant will create employment and empower the local community.
“If Zimbabwe continues to import power from neighbouring countries, it will continue to export jobs to those countries. The project will ensure jobs are created during and after construction,” he said.
Chiredzi solar power plant
The Chiredzi solar power plant will be implemented in two stages of 45MW capacities each.
TSS expects to roll out the project within six months from date of commencement.
“We expect to start construction in September or October of 2020 before the 2020/2021 rain season commences and completion is expected in the first half of 2021 if all goes well,” said Chakona.
“The engineering and procurement contractor has already been identified from South Africa who will work closely with a local engineering company, project manager and other local expertise.”