- The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has signed a a Power Purchase Agreements (PPA) with SkyPower for a 500MW Green Giant project.
- No details are provided on project/s location and technology.
“My presidential commitment is to enhance our energy sustainability through renewable energy by collaborating with world-class companies like SkyPower. Today’s signing is a landmark achievement for our nation, setting a robust foundation for our sustainable future, ” said Emmerson Mnangagwa, President of Zimbabwe.
Related news: SkyPower signs PPA for 1GW giant green project in DRC
The signing ceremony in Abu Dhabi was witnessed by eminent personalities including the Edgar Moyo, Minister of Energy of Zimbabwe, Lovemore Mazemo, Ambassador of Zimbabwe to the UAE, Eng. Abel Gurupira, Managing Director of the Zimbabwe Electricity Transmission and Distribution Company, and Mazambani Edington Tapera, Chairman of ZERA.
Related news: Kerry Adler, CEO of SkyPower signs PPA for 1GW giant green project in Zambia
Kerry Adler, President & CEO of SkyPower, highlighted the project’s importance, “We are proud to kick off the initial phases of the Green Giant project at this prestigious summit. This partnership exemplifies our dedication to promoting sustainable energy development globally. Upon completion, this project will stand as a testament to Zimbabwe’s commitment to renewable energy and economic growth.”
The Zimbabwean government is riddled with corruption. The country finds itself in a massive energy crisis as well as a financial crisis. PPA’s are not bankable and the country does not have foreign currency to pay for electricity imports. Read more
The country is also experiencing one of the worst droughts in history which has cause a drop in power generation from their hydro facility at Kariba. Read more
Author: Bryan Groenendaal
