Global investments in the energy transition reached a new record of US$2.4 trillion in 2024 – a 20% increase from the average annual levels of 2022/23. About one-third was directed towards renewable energy technologies, pushing renewable energy investment to US$807 billion. Despite this milestone, year-on-year growth of renewables slowed significantly, with annual investments increasing by…
The Zimbabwe Energy Regulatory Authority (ZERA) says it has observed an increasing trend among companies installing solar systems for their consumption, as well as for net metering. Out of the licensed power generation projects last year, ZERA said 16 projects are solar photovoltaic power plants, while one is a coal-fired thermal power plant. “A majority…
The AfDB-funded Post-Cyclone Idai Emergency Recovery Project restored electricity access, revitalising businesses across communities in Zimbabwe. In March 2019, Cyclone Idai tore through Zimbabwe’s eastern districts with unprecedented fury, leaving behind a trail of devastation. Among the hardest hit regions were Chimanimani and Chipinge, where the lifelines of modern life—electricity, roads, and water systems—were severed…
Staff Writer The Zambezi River Authority (ZRA) says water levels at the Kariba Dam have gradually risen due to intensified rainfall. In its latest hydrological update, ZRA said the trend is projected to continue as we approach the end of the first quarter of 2025. “The water levels in the Kariba Reservoir have been gradually…
