Staff Writer
Grid Africa, a leading renewable energy solutions provider, has announced a major project to develop 72 megawatts (MW) of power for several mines in Zimbabwe.
The initiative is set to transform the energy landscape of the country’s mining sector, saving the participating mines over US$9.2 million annually and significantly decrease their reliance on energy imports.
The project, which has secured crucial backing from strategic technology and financing partners, will see Grid Africa construct and operate renewable energy power plants at the mine sites.
“With the backing of our strategic technology and financing partners, this project is poised to make a significant impact on Zimbabwe’s mining and energy generation landscape,” Grid Africa chief executive officer Norman Moyo said.
By transitioning to renewable energy, the mines will not only reduce their energy costs but also contribute to Zimbabwe’s broader sustainability goals.
The project is expected to significantly lower greenhouse gas emissions, mitigate the environmental impact of mining operations, and promote energy independence.
The development comes at a critical time for Zimbabwe, as the country seeks to diversify its energy sources and reduce its vulnerability to global energy price fluctuations.
The mining sector, a key driver of the Zimbabwean economy, has been particularly hard hit by rising energy costs.
Grid Africa’s project offers a promising solution to these challenges, demonstrating the potential of renewable energy to transform the mining industry and create a more sustainable and resilient future for Zimbabwe.
Grid Africa is a leader in solar energy solutions, dedicated to advancing the adoption of renewable energy across Africa. The company’s mission is to drive a sustainable future by providing innovative solar technologies that enhance energy efficiency and reduce costs.
The company has undertaken several projects in South Africa, Kenya and Zimbabwe. Its projects include a 1.2MW solar plant for Liquid Intelligent Technologies in South Africa, a 4MW Devki Steel project in Kenya and a 2.5MW project for Varun Beverages among others.