INVESTMENT OPPORTUNITIES
WHY INVEST IN THE ZIMBABWE POWER SECTOR?
As a developing economy Zimbabwe has a high demand for electricity which has to support the National Development Strategy which seeks to achieve high economic growth. This anticipated high electricity demand can be met through exploitation of its diverse energy resources.
HOW DO I INVEST IN THE ZIMBABWE POWER SECTOR ?
Send enquiries to investment@zesaholdings.co.zw
Current Electricity Supply Gap
Zimbabwe has a power supply deficit of about 30%. This is besides the fact that the industry capacity utilisation is currently below 60% and the agriculture sector is consuming only 50% of its peak energy consumption.
Growing Demand Due to Economic Growth
The Government of Zimbabwe’s policies have resulted in significant growth in economic activities in the country. The new demand for electricity from the mining sector alone is in excess of 2000MW by 2025. The country is experiencing an increase in demand from economic recovery across all economic sectors.
High Primary Energy Diversity
Zimbabwe is endowed with natural energy resources for power generation. The country has 26 billion tonnes of coal reserves and an estimated 40 trillion cubic feet of coal bed methane CBM gas reserves. While CBM is yet to be exploited, coal use has been fully exploited for various uses including power generation.
The county’s renewable energy potential remains untapped. There is over 3 000MW hydropower potential available on the Zambezi River, shared with Zambia.
High Primary Energy Diversity
Zimbabwe has an abundance of solar energy with an average solar irradiation of 16-20MJ per square meter.
Solar energy potential is not fully exploited and the country has a target to develop 1800MW grid-connected solar by 2030.
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OPPORTUNITIES FOR INVESTMENT
Zimbabwe is presently very active in promoting the investment necessary for the rebuilding and
growth of its economy. Infrastructure development is a priority in this endeavour.
- Power generation
- Electricity transmission
- Smart grid and rural datafication
- Transformer manufacturing